Defying a veto threat from the White House, the House passed legislation that would encourage the use of renewable energy, raise automobile fuel efficiency standards and increase taxes on major oil and gas companies, but the measure promptly stalled when it reached the Senate.
The Energy Independence and Security Act passed the House by a 235-81 vote. The bill provides tax incentives to increase ethanol use to 36 billion gallons by 2022, two-thirds of it from sources such as switch grass and wood chips rather than corn. Utilities would be required to generate at least 15 percent of their electricity from renewable sources by 2020. The bill includes a $3,000 tax credit to help families buy plug-in hybrid and electric vehicles, and includes tax incentives for biking to work.
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