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Grow our own oil - Bioenergy and Agriculture Working Group
Link to the Report
Leaders in the chemical and biotech industries - companies like DuPont, Cargill Dow, Iogen, and Genencor - are developing new technology to make biofuels from almost anything that grows or that once grew: corn stalks, prairie grass, rice straw, sawdust, even paper. Put American farmers to work on growing crops for energy, get the auto industry enthused about marketing advanced-technology cars and trucks, and the U.S. can cut its use of gasoline substantially. More importantly, the rest of the world can do it, too.
Bioenergy and Agriculture Working Group's recommendations in brief:
Recommendation #1: Fly-off of competing technologies
Competition managed by Department of Defense to demonstrate 5-10 technologies at commercial scale for converting biomass to petroleum substitutes; 5 years, $1 billion. Recommendation #2: Shift export subsidies
Provide incentives for energy crops. US Trade Representative propose shifting funds from agriculture export subsidies to bioenergy subsidies. Recommendation #3: Enhance R&D
Triple bioenergy R&D to $500 million/year and broaden its focus. Recommendation #4: Government policies
Continue and expand existing incentives. EPA assess effects of replacing gasoline aromatics with biofuels. Implementing the Bioenergy and Agriculture Working Group's recommendations will displace 2.6 million barrels of oil per day, create thousands of jobs, reduce millions of tons of greenhouse gases, and help relieve poverty world wide.
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