The Energy bill has passed both the Senate and House of representatives with veto proof margins and will increase the CAFE to 35 mpg
Separately, Congress reached a tentative agreement on a major energy package that it plans to enact outside the energy bill. The agreement, to be included in a broad government spending bill, would authorize the Energy Department to guarantee loans for various energy projects, making financing far easier.
The agreement would guarantee loans of up to $25 billion for new nuclear plants and $2 billion for a uranium enrichment plant, something those industries had been avidly seeking. It would also provide guarantees of up to $10 billion for renewable energy projects, $10 billion for plants to turn coal into liquid vehicle fuel and $2 billion to turn coal into natural gas.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.