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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

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House Chairmen Waxman, Markey Release Draft of Energy and Climate Legislation; Among the Many Provisions Are Cap-and-Trade, Harmonization of CAFE and California Vehicle Regulations, and Low Carbon Fuel Standard

Green Car Congress

One key issue that the Waxman-Markey discussion draft does not address is how to allocate the tradable emission allowances that restrict the amount of greenhouse gas emissions from electric utilities, oil companies, and other sources. The Chairmen say this issue will be addressed through discussions among Committee members.

Climate 186