Bush signs energy bill that gives ethanol a boost

12/20/2007 | Google

President George W. Bush on Wednesday signed energy legislation that requires a sixfold increase in ethanol use, which he said will help the U.S. reduce its dependence in foreign oil and improve the environment. The president of Verenium Corp. said the bill's push for ethanol will encourage the investments needed to develop and commercialize ethanol, including cellulosic ethanol.

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