Energy proposal

The House Democratic Rural Working Group, chaired by Bobby Etheridge (D-NC) and Stephanie Herseth (D-SD), unveiled the House Democratic Caucus' energy proposal. The plan seeks to: double the percent of renewable fuels sold in the U.S. in six years, extend tax credits for ethanol and biodiesel through 2015 and increase tax benefits to small ethanol producers, increase the percentage of flex-fuel vehicles

The House Democratic Rural Working Group, chaired by Bobby Etheridge (D-NC) and Stephanie Herseth (D-SD), unveiled the House Democratic Caucus' energy proposal.

The plan seeks to:

  • double the percent of renewable fuels sold in the U.S. in six years,

  • extend tax credits for ethanol and biodiesel through 2015 and increase tax benefits to small ethanol producers,

  • increase the percentage of flex-fuel vehicles that run on ethanol or gas,

  • make 75% of all U.S.-made cars run on flex-fuel within seven years,

  • increase the number of gas stations offering ethanol (E-85) and biodiesel through new incentives and requirements, and

  • invest in biofuels research to make production more efficient and environmentally sound.

TAGS: Legislative