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Senate Adds Rule To Energy Bill To Double Use Of Ethanol
Card Consolidation Credit Debt Drivers in every state but Hawaii and Alaska could be pumping gasoline containing ethanol by 2012 if a plan approved today by the Senate becomes law.
Despite last year's Senate vote, passage of a reform bill a second time would be no sure thing. Under Senate rules, the bill could be subject to a filibuster, requiring 60 votes to break. Last year, McCain and Feingold appeared to have that level of support; whether that has changed this year remains to be seen. 2002
Credit Union The proposal, incorporated in a broad energy bill, would change how refiners blend gasoline and how they meet clean-air requirements. It would require doubling the use of ethanol, to at least five billion gallons a year, in what would be a boon to corn farmers.
year politics will jam much legislation, pressed to reject the four because they are so popular, said House Ways and Means Chairman William Thomas ( Calif.). "These are the kind of bills that can break the logjam in the Senate, " asserted Thomas. The House has patiently awaited action by the Senate on a variety of bills including foreign sales corporation repeal and energy policy, and the tax measures may serve as vehicles to address the unfinished legislation.
Merchant Credit Guide Co Ethanol is made mainly in the Midwest from corn, although it can be produced with other grains and biomass. Under the bill, refiners in every state except Alaska and Hawaii would have to use it.
Jefferson approved the purchase, the Senate ratified it, and the United States abruptly doubled in size.
Apply Online For Credit Card The measure, approved 67 to 29, would also ban the use of another gasoline additive, methyl tertiary butyl ether, or M.T.B.E., a derivative of natural gas that can contaminate supplies of drinking water. M.T.B.E. has been added to gasoline in many states since the 1970's to increase the octane rating and make the fuel burn more cleanly.
Representative John Dingell, a Michigan Democrat, says that Congress should vote on the reliability provisions separately from the rest of the bill. These provisions have broad bipartisan support and would almost surely succeed on their own. Mr. Dingell's idea has been endorsed in the Senate by, among others, Maria Cantwell of Washington, who helped organize the filibuster against the larger bill. "You can't have good energy policy held hostage for bad energy policy, " Senator Cantwell says, and she is right.
By Card Credit Debt Debt Guide Refiners would have more freedom to blend fuel because the measure would also end a requirement that gasoline contain at least 2 percent oxygen in areas with air pollution problems. Although the rule has been credited with achieving significant reductions in tailpipe pollution, refiners say they can produce cleaner gasoline without it.
The Fair Credit Reporting Act has a rather odd sort of history. 134 Westin, Alan, Privacy and Freedom ( Atheneum, 1967) While the legislation was supposed to protect consumers, initial support for the bill among consumer groups turned to opposition, while the credit reporting industry came to embrace it. While the House held most of the public hearings and debate, the bill was drafted largely in secret by Senate Banking Committee members and representatives of the credit reporting industry.135
Credit Repair Opponents said expanding the use of ethanol could lead to gasoline shortages and price surges in regions without ethanol plants. The ethanol industry says it does not anticipate problems meeting increased demand under the plan, which would be phased in over eight years.
Active Credit Credit Guide A proposal by Senator Dianne Feinstein, Democrat of California, a leading opponent of the ethanol rule, would have given states the final say in requiring ethanol. The plan failed by two to one. A proposal by Senator Charles E. Schumer, Democrat of New York, to exempt the Far West and Northeast was defeated, 59 to 26.
Credit Score The proposed requirements, reflecting a compromise developed by interests that represent farmers, oil companies and environmentalists, were inserted in the broad bill.
Bad Car Credit Guide Loan The House called for a similar expansion of ethanol production in a bill that it passed in April. But the House rejected a ban on M.T.B.E., saying market forces and action by states would phase out the product. At least 17 states have acted to ban or sharply reduce the additive. The White House has strongly supported ethanol.
Bad Credit Loan Backers of ethanol said the bill would help energy independence by displacing up to 250,000 barrels of oil a day by 2012.
Credit Definition Derivative "It increases fuel supply, stimulates economic growth and spurs development of domestic ethanol fuels," Senator Christopher S. Bond, Republican of Missouri, said. "There are tremendous economic benefits."
Bad Credit Mortgage As the Senate began debating the fuel rules this week, the ethanol industry issued a report commissioned by the National Association of Corn Growers that estimated that doubling the use of ethanol would add $1.3 billion a year to farmers' incomes and create 214,000 jobs while lowering the cost of gasoline.
The Insider Guide To Credit Opponents argued that refineries in California and the Northeast, far from ethanol plants, might have trouble obtaining it. Exempting the Northeast and Far West would resolve the problem, some Democrats from those regions said.
Business Credit Card The ethanol proposal was introduced by Senators Bill Frist, the Tennessee Republican who is majority leader, and Tom Daschle of South Dakota, the Democratic leader.
Banker Complete Credit Guide Associated Press - 6/6/2003
Topic: Energy
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