US President Bush signs new energy bill on the 8th

According to the news on August 8th, US President Bush signed a new energy bill on the 8th to make it officially become law.
Speaking at the signing ceremony of the Energy Law in Albuquerque, New Mexico, Bush said that the bill will not solve the energy challenges facing the United States overnight. The United States needs years of joint efforts to alleviate the energy sector. The problem.
After a long-term bargaining, the US House of Representatives and the House of Representatives passed the more than 1,700-page energy bill at the end of July. The main contents include the $14.5 billion tax breaks and subsidies granted to traditional and nuclear energy companies over the next 10 years. Encourage them to increase energy production, with oil and gas companies, power companies, and coal production companies reducing taxes by $9 billion and subsidies for energy efficiency and renewable energy programs of less than $5 billion. The bill also includes incentives to increase energy efficiency and expand renewable energy programs, as well as encourage the production of gasoline and other additives such as ethanol.
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.

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