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House approves 'robust' energy bill

A renewable fuels standard (RFS) of which 15 billion gallons comes from corn, inched closer to law today, creating a solid foundation for grain-derived ethanol to continue to flourish, according to a report from the National Corn Growers Association (NCGA).

The bipartisan house passage today of the Energy Independence and Security Act is the last stop before the president's desk. The measure includes a 36-billio- gallon RFS by 2022.

"We are ecstatic that a robust energy bill is finally within reach," said NCGA President Ron Litterer. "The passage of this historic bill is a major step toward energy independence. We eagerly await the president signing this legislation into law."

Other provisions in the bill include:

  • Requirement of 9 billion gallons of renewable fuels in 2008, progressively increasing to the 36-billion-gallon requirement by 2022, including a one-billion-gallon mandate for biodiesel;
  • Increases in the Corporate Average Fuel Economy (CAFE) standards to 35 miles per gallon by 2020, the first congressional increase in 32 years;
  • Studies on the feasibility of ethanol pipelines, higher blend levels and the optimization of flex fuel vehicles.

NCGA leaders say they're hopeful the president will sign the bill into law by Christmas.

A renewable fuels standard (RFS) of which 15 billion gallons comes from corn, inched closer to law today, creating a solid foundation for grain-derived ethanol to continue to flourish, according to a report from the National Corn Growers Association (NCGA).

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