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Fuel Freedom Foundation
The lack of alternative energy sources to fuel our vehicles and replace expensive oil, jeopardizes U.S. national security, forces Americans to pay more at the pump, and greatly represses our ability to reduce pollution and address climate change concerns. In my state of California, 74% of all emissions – including CO2, toxic pollutants, ozone forming emissions and more – come from petroleum. Oil accounts for 65% of California’s GHG emissions, compared to 33% from natural gas, and less than 2% from coal. Meanwhile, each year, the U.S. spends more than $600 billion to buy oil and oil products, which is… [more]View Insight
The Renewable Fuel Standard (RFS), which was recently amended to address numerous criticisms, is again under fire, this time for its potential effect on food prices. The RFS program requires an increasing volume of renewable fuel to be blended into transportation fuel each year and since its implementation in 2005, the US has become the world’s largest producer of ethanol fuel, a corn-based renewable fuel. Yet many RFS critics argue that the mandate is responsible for driving up food prices. The authors of this UC Davis study concluded that “Corn prices were about 30 percent greater between 2006 and 2011… [more]View Insight