We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Energy Bill Passes House, But Veto Threat Looms

Law360 (December 6, 2007, 12:00 AM EST) -- In a move that drew vocal disapproval from the White House, the U.S. House of Representatives passed an energy bill Thursday that calls for a 40% increase in fuel economy standards by 2020 and would roll back billions in tax breaks for oil and gas companies to fund renewable energy.

The Energy Independence and Security Act passed the House 235-181. If it is signed into law, it will be the first time in three decades that Congress has mandated higher fuel efficiency standards for cars and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.