Based on results from his recent study, the Energy Institute’s John DeCicco has authored an article for Yale’s Environment 360 blog. This thought-provoking piece opens:
Every U.S. president since Ronald Reagan has backed programs to develop alternative transportation fuels. But there are better ways to foster energy independence and reduce greenhouse gas emissions than using subsidies and mandates to promote politically favored fuels.
Since 2005, the United States has embarked on a steady expansion of renewable fuels such as ethanol and biodiesel, widely touted as a win-win proposition for energy security and the environment. However, the promised breakthroughs in biofuel technology have greatly lagged the rapid ramp-up of production mandated by Congress while adverse side effects of the policy have become ever more clear.
With the backing of 13 car companies, the United Auto Workers and other parties, the Obama Administration announced the biggest step forward on auto efficiency in over a generation. The new Corporate Average Fuel Economy (CAFE) regulations just finalized target the greenhouse gas emissions equivalent of 54.5 mpg by model year 2025, double the efficiency of this year's vehicle fleet.