Tuesday, July 17, 2007

U.S. House Passes Energy Spending Bill Despite Threat of Veto From Bush

(Bloomberg) -- The U.S. House of Representatives
passed an energy spending bill that directs hundreds of millions
of dollars into renewable energy and efficiency.

The $32.1 billion fiscal year 2008 measure, which funds the
Energy Department and Army Corps of Engineers' water projects,
prevents the Energy Department from directing loans to nuclear
power plants and slashes funding from a proposal to promote
nuclear waste reprocessing. The bill passed by a 312-112 vote.


Read more at Bloomberg Energy News

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