Energy Independence and Security Act of 2007

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The Energy Independence and Security Act of 2007 was an omnibus bill that contained multiple provisions to reduce U.S. dependence on oil and increase energy efficiency. A few of the largest provisions include:

  • Changing the Corporate Average Fuel Economy standard for total fleets to 35 MPH by 2020.
  • Incrementally expanding the Renewable Fuel Standard Program’s standard to 36 billion gallons of renewable fuel by 2022. 
  • Creating multiple programs to fund and encourage innovative ventures to increase energy efficiency.
  • Establishing new energy efficiency standards for many consumer and commercial electronics such as lighting, appliances, and air conditioning products. 

[Last updated in June of 2021 by the Wex Definitions Team]