Thursday, June 21, 2007

US Senate drops $32 bln in clean energy incentives

(Reuters) - But a Democratic rewrite of U.S. policy cleared a key
procedural vote which could lead to a vote by the end of the
week on a bill that would raise automobile fuel-efficiency
standards for the first time in 30 years and require a
four-fold boost in ethanol use by 2022.




Senate Majority Leader Harry Reid called for the vote after
Republicans blocked an attempt to limit debate on incentives to
produce cleaner, home-grown energy sources like generating
power from windmills and solar cells.


Read more at Reuters.com Bonds News

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