BGC bridge global capital management limited

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    Some good news out of the US and bodes well for NFL's Houston plant which is currently under construction and should be completed around July/August 2008.

    http://www.cnbc.com/id/19295971/for/cnbc/

    "The Senate bill requires automakers to increase fuel economy to 35 miles per gallon, about a 40 percent increase over what cars, SUVs and small trucks are required to achieve now. It would lump all the vehicles under a single regulation, but also give manufacturers flexibility so large SUVs wouldn't have to meet the same requirements as smaller cars.

    It requires a yearly increase of ethanol production to 36 billion gallons a year by 2022, a sevenfold increase from today. By 2015 half of the new vehicles offered to buyers _ as many as 10 million _ will have to be capable of running on 85 percent ethanol, biodiesel or some other alternative energy source."
 
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