US Dept. of Energy Secretary Cho Articulates Administration’s Real Attitude toward Advanced Biofuels
Jim Lane (Biofuels Digest) In Washington, the US Secretary of Energy, Dr. Steven Chu, broke with Obama administration renewable energy policy, telling stunned alternative energy developers at a recent meeting on alternative fuels that “if it were up to me, I would put every cent into electric cars,” according to a source present at the meeting.
The Department of Energy has closed $1 billion this year in loan guarantees for all-electric luxury sports cars while releasing less than $20,000 as of last month in ARRA funds for biofuels. READ MORE
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