Posted April 16, 2015
Former Obama Economics Adviser Calls for Shift in Biofuels Mandate
The Wall Street Journal: A former White House economic adviser is calling for changes to a 2005 law mandating increased use of alternative fuels in the nation’s transportation supply, adding a key voice to a growing chorus of people who say the policy is not working.
In a report published Thursday, Harvard University professor Jim Stock, who served on President Barack Obama’s Council of Economic Advisers in 2013 and 2014, proposes several reforms to the biofuels mandate, known as the renewable fuel standard, including some requiring congressional approval.
The report adds to a growing body of politicians and experts who are questioning the law’s effectiveness amid regulatory uncertainty and lower oil prices.
Read more: http://on.wsj.com/1JNcdO6
More industry news:
- More Witnesses Urge Congress to Repeal U.S. Crude Oil Export Ban: http://bit.ly/1b0Yd7x
- Op-ed: Pennsylvania’s Energy Economy a Model for the Country: http://bit.ly/1D9k2Z1
- Analysis: Oil Price Fall Hasn’t Curbed Fracking As Much As Expected: http://econ.st/1DMvfn1
- University of Colorado Regents Say No to Fossil-Fuel Divestment: http://bit.ly/1zliytZ
- Column: “Sustainability” Gone Mad on College Campuses: http://wapo.st/1Hc5VYC
- California Utility to Make Gas From Solar for Pipeline Storage: http://bloom.bg/1NRxf41
ABOUT THE AUTHOR
Mark Green joined API after a career in newspaper journalism, including 16 years as national editorial writer for The Oklahoman in the paper’s Washington bureau. Mark also was a reporter, copy editor and sports editor. He earned his journalism degree from the University of Oklahoma and master’s in journalism and public affairs from American University. He and his wife Pamela live in Occoquan, Va., where they enjoy their four grandchildren.