Pared-Down Energy Bill Garners Mixed Response

Law360, New York (December 14, 2007, 12:00 AM EST) -- The energy bill passed Thursday by the U.S. Senate, which provides for a 40% increase in fuel economy standards but falls short of providing billions in tax breaks to fund renewable energy, continues to stir debate over whether the measure is strong enough.

The Energy Independence and Security Act, which was greenlighted by a vote of 86-8, aims to reduce the amount of fuel consumed by cars and trucks by pushing efficiency standards up to 35 miles per gallon over the next 13 years. Currently, auto...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.