DOD advanced biofuels initiatives could generate billions

E2

The military's biofuels initiatives could do more than just power jet planes, aircraft carriers and armored vehicles — they also could help power the economy, according to a new report from Environmental Entrepreneurs (E2).

Congress is about to take up the National Defense Authorization Act, which in current versions would prohibit the Department of Defense (DOD) from moving forward with plans to increase its use of biofuels. Citing national security concerns, the Navy and Air Force want to replace 50 percent of their fuel supplies with nonpetroleum biofuels by 2020.

Just as military innovation and leadership transformed the U.S. economy in sectors ranging from aviation to communication to computers, the military's biofuels expansion could boost the economy and job creation and help transform the nation's energy, airline and agriculture industries.

Click here for report

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs