New Energy Bill Hikes Fuel Efficiency

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President Bush is set to sign into law a new energy bill that includes the first hike in fuel-efficiency rules in 32 years. The bill passed by wide margins in the House and Senate. In addition to requiring auto manufacturers to make cars that run an average of 35 miles to the gallon — up from the current 25 – the bill also orders an increase in the use of biofuels. And, it phases out sales of old-fashioned, incandescent light bulbs.

JOHN YDSTIE, host:

NPR's business news starts with the energy bill.

The first hike in fuel efficiency rules in 32 years - that's the centerpiece of a new energy bill the president is set to sign into law this morning. The bill passed by wide margins in the House and Senate. In addition to requiring auto manufacturers to make cars that run an average of 35 miles to the gallon - up from the current 25 - the bill also orders an increase in the use of biofuels. And it phases out sales of old-fashioned incandescent light bulbs.

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