Friday, May 19, 2006

Major Automobile Companies Lobby Hill for Renewable Fuels

The head of General Motors Corp, Ford Motor Co, and DaimlerChrysler AG, came to Capitol Hill yesterday to convince legislators that America must invest more in renewable fuels. The executives plan to join a coalition of business and political leaders working to provide 25% of America's energy supply from renewable sources by 2025.

The companies announced they will have 6 million vehicles on the road by the end of the year capable of running on a corn-based fuel called E85. Despite this historic shift, drivers still have no place to get the fuel. Of the 180,000 gasoline stations across America, only 600 sell the E85 ethanol fuel. This will require a significant commitment from our government to help our industries develop new technologies and establish a distribution system accessible to America's energy consumers.