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Diesel programs in US energy bill

5 August 2005

The US Senate and the Congress have passed the Energy Policy Act of 2005. President Bush will sign the document on August 8th at a ceremony at Sandia National Laboratories in Albuquerque, New Mexico.

The US energy policy remains focused on oil, natural gas and coal, with most of the $14.5 billion in tax breaks helping producers of these conventional energy sources, to the disappointment of environmentalists and alternative fuel stakeholders. At the same time, the bill does provide certain incentives for clean energy, including clean diesel. The following are the key diesel-related provisions in the new energy policy act:

The US diesel industry has praised the Energy Policy Act for establishing consumer tax credits for diesel cars, and for the DERA emission reduction program.

Energy Policy Act of 2005: Conference Report