September 2015

Columns

HP Viewpoint: Should there be an end to fermentation ethanol?

In 2005, the US Congress determined that fuels derived from renewable resources, such as biofuels, will play a major role in ensuring US energy independence.

Brownstein, A. M., ExxonMobil (retired)

In 2005, the US Congress determined that fuels derived from renewable resources, such as biofuels, will play a major role in ensuring US energy independence. A collateral objective was to decrease emissions that are responsible for global warming. The legislation was enacted at a time when US reserves of natural gas and crude oil were seen as declining and global warming was increasing. This legislative body undertook a leading role in technology forecasting by establishing a Renewable Fuel Standard (RFS) as a centerpiece. The basis for the RFS was the Energy Policy Act of 2005, which provided tax incentives for various types of energy development. The 2005 act was quickly followed by the

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