The Car and Truck Fleet and Leasing Management Magazine

Senate Energy Committee Approves Energy Bill

June 7, 2005

WASHINGTON, D.C. – The Senate Energy Committee has approved comprehensive energy legislation requiring the use of 8 billion gallons of renewable fuels, including biodiesel and ethanol, by 2012, according to Fleet Focus, the e-mail newsletter produced by the National Association of Fleet Administrators (NAFA).The provision establishes a phase-in for renewable fuel volumes over seven years, beginning with four billion gallons by 2006 and ending at eight billion gallons in 2012.The legislation sunsets the alternate-fuel vehicle fleet mandates under the Energy Policy Act of 1992 for covered vehicle fleets in 2015. In addition, the DOE is directed by January 31, 2007, to provide EPAct credits for hybrid vehicles, medium- and heavy-duty AFVs, and neighborhood electric vehicles. The bill would give a covered fleet the option of adopting an alternative plan that achieves an equivalent petroleum reduction to vehicle purchases, according to NAFA.
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