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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?
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From: Doug R4/16/2005 10:01:23 AM
   of 1183
 
House Energy Committee Shoots Down Increases in Fuel Efficiency
April 14, 2005

During its deliberations on the provisions of the Energy Policy Act of 2005, The House Energy and Commerce Committee yesterday rejected a proposal to increase average fuel efficiency (CAFE standard) 20% by 2014. That proposal would have raised the CAFE standard for cars from the current 27.5 mpg to 33 mpg.

Opposition to the proposal was bi-partisan; the measure failed by a vote of 36–10.

As it currently exists, there is no language in the House Bill requiring any improvement in fuel efficiency standards—only a tepid proposal for the “study” of the issue. (Title VII, Sub-title E, Sec. 774).

The committee also rejected by a vote of 39–12 another proposal to reduce national oil consumption by 1 million barrels per day from the projected levels by 2013. (That proposal was even very careful to specify no mandated increase in CAFE standards.)

Separately, the EIA released an analysis of the impact of the package of energy proposals the National Commission on Energy Policy (NCEP) issued last December. The privately-funded commission is a group of energy experts, company executives and government officials from both political parties.


Although NCEP did not specify a specific increase in CAFE standards among its recommendations, the EIA based its analysis on a 36% increase by 2015.

greencarcongress.com
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