The U.S. Department of Agriculture (USDA) has announced a
series of measures to promote production of advanced
biofuels from renewable sources. Also, USDA and the Federal
Aviation Administration (FAA) will develop aviation fuel from
forest and crop residues.
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
Crude oil, taxes, refining, distribution and marking are the four main components that make up the retail price of a gallon of gasoline. (Source: EIA)
Fossil fuels provide more than 85% of all the energy consumed in the US, nearly two-thirds of our electricity, and virtually all of our transportation fuels. (Source: DOE)
Electricity generation accounts for about 40% of total U.S. energy consumption. (Source: Institute for 21st Century Energy)
Today’s challenges of reducing greenhouse gas emissions while meeting the country’s steadily rising demand for electricity make it essential for legislatures and public utility commissions to shift their focus toward mechanisms that make demand reduction as profitable for utilities as increasing supply. (Source: Institute for 21st Century Energy)
