Senator Baucus Plans Bill on Clean Fuel, Efficient Vehicles
Senate Finance Committee Chairman Baucus (D) released a plan on April 28, 2011 to end billions of dollars in tax breaks for large, multinational oil and gas companies and invest in cleaner and cheaper domestic energy sources. The Finance Chairman…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
called his plan a blueprint for legislation that he intends to craft in the Committee. It includes four components: repeal tax breaks for the largest oil and gas companies to pay for the plan; promote demand for clean, domestic fuel; provide incentives for purchasing fuel efficient vehicles; and build a clean energy infrastructure.