U.S. Senate raises mileage requirement for cars but leaves taxes on oil industry untouched

on

By a vote of 65 to 27, the Senate passed broad legislation requiring the first major increase in fuel-mileage requirements for passenger cars in more than 20 years.

Environmental groups hailed the vote on higher mileage requirements as a long-sought victory that could eventually reduce U.S. gasoline consumption by more than 1 million gallons a day.

There was disappointment, however, that it calls for vast expansion of renewable fuels over the next decade, but provides little in tax breaks or other subsidies to promote those fuels.

The struggle provided a harbinger of potentially bigger obstacles when Democrats try to pass legislation this fall to reduce emissions of greenhouse gases tied to global warming. Moreover Democrats said they would have additional opportunities to push their agenda when the House takes up similar legislation, with the goal of passing it before the July 4 recess.

Related Posts

Analysis
on
Financiers with short-term incentives can profit big even if the west coast pipeline pushed by Mark Carney and Alberta costs taxpayers billions.
on
The Ferguson Group is one among dozens of companies working both sides of the climate crisis, according to research by campaigners.
on
The Free Cities Foundation promotes free-market projects backed by Peter Thiel, Sam Altman, and Marc Andreessen.
on
The group claimed victory after regulators recommended delaying landmark rules that would eventually phase out gas water heaters in 2.8 million homes.