Energy bill passes in the House

The Energy Independence and Security Act of 2007, which aims to increase fuel-economy standards, the use of alternative fuels, and renewable energy, passed the House of Representatives with a 235-181 vote.

12/07/2007


The Energy Independence and Security Act of 2007, which aims to increase fuel-economy standards, the use of alternative fuels, and renewable energy, passed the House of Representatives with a 235-181 vote. The will lead the way in reducing imports of oil and bring down energy costs, but the White House threatened to veto the bill because of concerns over increased taxes and energy prices.


The bill includes several upgrades and changes to the use of renewable energy sources. The bill will require vehicle fleets to average 35 miles per gallon by 2020 and it would be the first increase in fuel-economy standards since 1975. The Union of Concerned Scientists analyzed the bill and claims the increase will save 1.1 million barrels of oil a day or $22 billion by 2020. The bill will require utilities to get 15% of their power from renewable resources and the Union of Concerned Scientists says that in doing so it will save $13 billion to18.1 billion on energy bills by 2020. The bill also will increase ethanol production from 5 billion gallons a year today to 36 billion gallons a year in 2020.

The major point of contention in the bill is a $21 billion tax package that includes a repeal of $13 billion in tax breaks for oil and gas companies. The taxes will fund an extension of tax credits for wind, solar, and biomass power, as well as credits for hybrid cars. Although the bill passed in the House, the contention will arise in the Senate where the Democrats have a 51 to 49 majority.

For more information click here





No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
2015 Top Plant: Phoenix Contact, Middletown, Pa.; 2015 Best Practices: Automation, Electrical Safety, Electrical Systems, Pneumatics, Material Handling, Mechanical Systems
A cool solution: Collaboration, chemistry leads to foundry coat product development; See the 2015 Product of the Year Finalists
Raising the standard: What's new with NFPA 70E; A global view of manufacturing; Maintenance data; Fit bearings properly
Special report: U.S. natural gas; LNG transport technologies evolve to meet market demand; Understanding new methane regulations; Predictive maintenance for gas pipeline compressors
Cyber security cost-efficient for industrial control systems; Extracting full value from operational data; Managing cyber security risks
Drilling for Big Data: Managing the flow of information; Big data drilldown series: Challenge and opportunity; OT to IT: Creating a circle of improvement; Industry loses best workers, again
Migrating industrial networks; Tracking HMI advances; Making the right automation changes
Understanding transfer switch operation; Coordinating protective devices; Analyzing NEC 2014 changes; Cooling data centers
Upgrading secondary control systems; Keeping enclosures conditioned; Diagnostics increase equipment uptime; Mechatronics simplifies machine design

Annual Salary Survey

After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.

The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.

Read more: 2014 Salary Survey: Confidence rises amid the challenges

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role that compressed air plays in manufacturing plants.