Friday, August 1, 2008

Renewable Energey : Policies

There are different ways to overall reduce Greeen house gases. Here are few observations how each country is doing with their 'energy road map' or 'energy policy'

USA:
1) Incresing BioFuels share
Congress recently required refiners to replace 36 billion gallons of gasoline with biofuels by the year 2022. Currently the nation uses about 140 billion gallons of gas a year, with ethanol comprising about 9 billion gallons of that. Half of the 36 billion gallons are required to come from non-food crops like switch grass. Many want to see even higher rates of biofuels use.
( asr: not bad 9 billion gallons is 6% coming from Ethanol ... )

2) Greenhouse gases Emission control: Cap and Trade
The government would issue permits to emit carbon dioxide, and the number of permits each year would decline -- that's the cap part. Industry could then either invest in cleaner technology, or buy the permits from one another -- that's the trade.

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Oil producers, consumers

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