Energy

In its push for greener energy, Washington is giving biofuels a boost. But just how green are they? Daniel Schrag, Co-Director of the Science, Technology, and Public Policy Program, argued the case for biofuels, opposite Carlisle Ford Runge, who argued against them.

This paper provides an overview on the main impacts of biofuels production on water resources within the United States, with an emphasis on the corn-based ethanol market and the agricultural stage. The following issues are examined:

• the relationship between biofuel production and water availability;
• trends and policy options for future biofuel production and the tradeoffs for water scarcity;
• technological changes in transportation fleet, with consequential effects on biofuels demand and water resources;
• considerations for policy makers who seek to reduce the future impact of biofuels on water sustainability.

The geopolitical and geo-economic forces wrought by the coronavirus pandemic, as examined previously in this series, are likely to slow the transition to a more sustainable global energy mix. Fortunately, the pandemic has also resulted in governments gaining vastly greater influence over whether this shift stalls or accelerates.

For most people, there was nothing to celebrate when the International Monetary Fund downgraded its outlook for global economic growth in June, anticipating a contraction of 4.9% for 2020. Yet for others, such as the small but persistent group of economists and others known as the “degrowth movement,” the Covid-induced economic slowdown has a silver lining.

The search for silver linings to the coronavirus pandemic has come up woefully short. But one hopeful — and much talked of — prospect is that the disruption will accelerate the global shift to a more sustainable energy future.

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

President Donald Trump was the 2019 commencement speaker at the US Air Force Academy in Colorado Springs, Colorado, on Thursday. “In all things and ways, we are putting America first, and it’s about time,” Trump told the graduating class of just under 1,000 cadets. “And we are restoring the fundamental principle that our first obligation and highest loyalty is to the American citizen. No longer will we sacrifice America’s interests to any foreign power. We don’t do that anymore.” Across the country at Harvard University, new graduates heard a very different message on commencement day.