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Aug 10, 2005

Bill - USA - Energy bill includes aid to reduce diesel emissions

USA -eTrucker, by Jill Dunn - Aug 9 2005: -- On Aug. 8, as oil hit a record $63 a barrel, President Bush signed an energy bill praised by the American Trucking Associations as helping mitigate costs of emission-reducing equipment and promoting renewable fuels... “The push toward renewable fuels and investments in new refining capacity serve to prevent high fuel prices from limiting the long-term potential of the economy while also easing the fuel needs of our industry,” ATA President Bill Graves said... Bush said the law will create $14.5 billion in tax cuts over the next decade and provide incentives to domestic oil, natural gas, coal and nuclear energy suppliers and alternative energy sources...

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