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Skriven 2005-05-16 23:39:50 av Whitehouse Press (1:3634/12.0)
Ärende: Press Release (0505163) for Mon, 2005 May 16
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Fact Sheet: Developing Renewable Fuels and Clean Diesel Technologies
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For Immediate Release
Office of the Press Secretary
May 16, 2005

Fact Sheet: Developing Renewable Fuels and Clean Diesel Technologies




Today's Presidential Action

Today, President Bush Delivered Remarks On Energy Policy In West Point,
Virginia, At A Production Facility For Biodiesel. The President stressed
the need to promote greater energy independence through the use of
renewable energy sources like biodiesel and ethanol and new technologies
like clean diesel.
  þ The President Has Called On The Senate To Pass An Energy Bill To Reduce
    Our Dependence On Foreign Sources Of Energy, And Fuel Our Growing
    Economy. Since taking office, the President has stressed the need for a
    fiscally responsible energy bill that will increase domestic
    production, diversify our energy supply, modernize our energy
    infrastructure, and improve energy efficiency and conservation.

Background: Moving Towards Greater Energy Independence Through Biodiesel
And Clean Diesel Technologies

Homegrown Energy Sources Like Biodiesel Can Improve Our Energy Security.
Farm products and food waste like soybeans and recycled cooking grease can
produce biodiesel, a clean-burning automotive fuel. Biodiesel delivers
economic benefits by supporting American farmers, not foreign oil
producers, and it produces less pollution.
  þ Use Of Biodiesel Is Increasing. In the last five years, sales of
    biodiesel have jumped 60-fold to 30 million gallons per year. It is now
    the fuel of choice of 500 major automotive fleets including the
    Department of Defense and the State of Virginia.
  þ Biodiesel And Ethanol Can Help Meet America's Fuel Needs. A recent
    study by Oak Ridge National Laboratory projected that biofuels, such as
    biodiesel and ethanol, could eventually meet about 30 percent of
    America's transportation fuel needs. Biodiesel can be used blended in
    any amount in standard diesel engines with no modifications, and
    ethanol made from corn and other farm materials can be mixed with
    gasoline to produce an efficient, clean burning fuel.

President Bush's Policies Encourage The Use Of Renewable Fuels Like
Biodiesel And Ethanol.
  þ The President Approved Tax Credits For Biodiesel And Ethanol. President
    Bush signed into law a 50-cent-per-gallon tax credit for producers of
    biodiesel. He also signed into law a bill that extended federal tax
    credits for ethanol through 2007.
  þ President Bush Also Supports A Flexible, Cost Effective Renewable Fuel
    Standard. A national Renewable Fuel Standard will expand the use of
    biodiesel and ethanol, creating new markets for farm products and
    greater energy security. Advanced technologies under development could
    make it possible to produce renewable ethanol from agricultural and
    industrial waste at a cost competitive with today's gas prices.

Hybrid And Clean Diesel Vehicles Can Reduce Our Demand For Foreign Oil.
Energy efficient hybrid and clean diesel vehicles offer the same features
consumers desire, but travel much further on a gallon of fuel than
conventional vehicles.
  þ The President Has Proposed Extending Tax Credits To Clean Diesel
    Vehicles. The President's 2006 Budget includes $2.5 billion over 10
    years in tax incentives to consumers for the purchase of hybrid cars
    and trucks, and as proposed by the President in April, clean diesel
    vehicles.
  þ New Clean Diesel Rules Will Reduce Pollution. The Bush Administration's
    Clean Diesel rules will reduce air pollution from diesel engines by
    more than 90 percent, and reduce the sulfur content of diesel fuel by
    more than 95 percent, helping all Americans breathe easier.

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