As biotech masterminds and venture capitalists scramble to hatch a new generation of environmentally friendly fuels that can help power the average gasoline-burning car, they are confronting an unexpected obstacle: the White House.
Yielding to pressure from oil companies, car manufacturers and even driving enthusiasts, the Obama administration is threatening to put the brakes on one of the federal government's most ambitious efforts to ease the nation's addiction to fossil fuels.
The proposed rollback of the 7-year-old green energy mandate known as the renewable fuel standard is alarming investors in the innovation economy and putting the administration at odds with longtime allies on the left.Even the Third Way is against the White House on this.
"It is disheartening to see how much potential to slow climate change we are missing out on by not doing this," said Ryan Fitzpatrick, a clean energy adviser at Third Way, a Washington group that seeks bipartisan policy solutions.McClatchy
White House threatens to put brakes on alternative fuels
Evan Halper | Tribune Washington Bureau
At this rate Obama is going to take the title of worst president ever from W.
6 comments:
The EPA has become the Obama racket of choice. Valero, Poet, and ADM contributed more to Republicans in several key races. Had they provided better support to Democrats, the decision would have been different. With only 1 Dem in the Iowa Delegation, Obama needed to support policies popular in other districts. King, Latham, Blum, Loebsack, Grassley and Ernst will be a force in Congress and will surely have plenty on the legislative agenda for the EPA.
a lot of action around hydrogen lately:
http://www.washingtonpost.com/news/capital-business/wp/2014/08/29/energy-start-up-that-developed-artificial-leaf-is-acquired-by-lockheed-martin/
Toyota just rolled out a new FCV in California...
The ICE may be on the way out...
MENA better get with it....
Ryan, why did you remove your comment?
I was sleep deprived when I wrote it and found it a bit rambling and repetitive later on.
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