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.
