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March 9, 2012
A weekly look at sustainable bioenergy, farm, and forest policy issues
Bill Introduced to Advance Bio-Based Renewable Chemicals
Almost one quarter of each barrel of fossil petroleum is used to produce chemical feedstocks and for other industrial purposes. As the global price of oil soars, so is the cost of these industrial feedstocks. Why not use domestically-produced, renewable biomass instead? Senator Debbie Stabenow’s bill would encourage this.
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What To Do About High Gasoline Prices?
A House Energy and Commerce Subcommittee held a hearing on what to do about rising gasoline prices. Most of the hearing focused on whether increasing oil production from federal lands and off shore and reducing environmental regulations on the oil industry would make a difference. The impact of oil market speculation and the costs and benefits of fuel economy and clean air standards were debated. But relatively little was said about the current and potential mitigating role of biofuels, and nothing was said about the effect that boosting oil production would have on the climate.
Writer: Ned Stowe