Democrats in the U.S. House of Representatives on Thursday unveiled a bill that would spend about $15 billion to double U.S. automobile fuel efficiency, expand ethanol distribution and build more mass transit.
The so-called "Program for Real Energy Security Act," to be introduced next week, is the second energy bill Democrats have proposed since taking control of Congress in January.
The new bill, backed by House Majority Leader Steny Hoyer and about 100 other lawmakers, could form the basis of energy legislation House Speaker Nancy Pelosi wants to call for a vote before the chamber recesses in August.
The bill would fund research into ways to double U.S. automobile fuel efficiency, focusing on hydrogen, fuel cells, plug-in hybrids and other high-tech ideas. It would give grants to build more public transit and commuter rail systems, Hoyer said.
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