WASHINGTON, D.C. --- Senators Dianne Feinstein (D-Calif.), Susan Collins and Olympia Snowe (both R-Maine) have introduced a measure (S.1073) that would require automakers to reduce new vehicle greenhouse gas emissions 30 percent below 2002 levels by 2016. This would nationalize California's motor vehicle greenhouse gas reduction standard.
Under the bill, the Environmental Protection Agency would be required to tighten the reductions every five years. The bill also requires fuel suppliers to increase the percentage of low-carbon fuels --- biodiesel, cellulosic ethanol, E85, hydrogen, electricity and others --- in the motor vehicle fuel supply by 2015.
Originally posted on Fleet Financials