Frank Markus of Motor Trend magazine explains why every carbon molecule in a liquid biofuel, such as ethanol or biodiesel, can't be counted "as an ecological freebie." He reports on the debate about the Renewable Fuel Standard that took place during a panel discussion at this year's Society of Automotive Engineers (SAE) Government-Industry Meeting in Washington, DC.
"If the shale-gas revolution succumbs to politics, we have a lot to lose. As a recent report from the University of Michigan notes: “Managed properly, the availability of low-cost shale gas could catalyze a renaissance in U.S. manufacturing, revitalizing the chemical industry and enhancing the global competitiveness of energy-intensive manufacturing sectors such as aluminum, steel, paper, glass and food.”
Oil prices have fallen in recent months, and Politico asked a group of energy experts what this latest market gyration might imply for U.S. policymakers. UMEI's John DeCicco was one of the experts queried; here's what he had to say:
What do your elected officials and state leaders believe is in our country's energy future--and what's in store for Michigan? What decisions will they make, and which direction will they take, if elected, to ensure that the United States remains at the forefront of global energy innovation and domination? How will they create policies that recognize the energy industry's importance in determining the health of Michigan's manufacturing economy--and its environment? The Atlantic as it posed these questions and more to state leaders ahead of the 2014 midterm elections.