Renewable advocates battle oil industry over energy policy

Big oil and natural gas companies may vastly outspend and outman the renewable fuels industry on Capitol Hill but the general gridlock in Washington gives advocates of wind, ethanol and other new-age sources the upper hand in the growing battle to overhaul the country’s energy policy.

“This Congress…seems unable to make a national energy policy,” said Bruce Babcock, an Iowa State University economist. “The renewable fuels have an advantage in that they are part of current law, and it’s always easier to maintain current law than it is to change it.”

Among the factors making a major shift of U.S. energy policy difficult are the upcoming elections, the inability of lawmakers to reach a consensus on how to change it, and the high costs necessary to expand access to fuels such as natural gas for consumers at U.S. filling stations… Read more

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