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November 16, 2007 | Jim Lane | Comments 0

Midwest US Governors sign regional pact: 50 percent of fuel from biofuels by 2030, cap-and-trade system for carbon credits to debut

The Midwest Governors Association signed a series of agreements regarding biofuels and climate change.

The governors pledged that 50 percent of fuel consumed in the Midwest by 2025 would come from Midwest-produced biofuels, and that 33 percent of Midwestern gas stations would offer E85 by 2030. The governors agreed to produce 30 percent of electricity from renewables, increase support for wind farms, and to establish a reservoir to hold CO2 emissions from coal-burning utilities.

The state governors also agreed to create state targets for greenhouse gas reductions with a cap-and-trade system to reach those targets.

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