It's being described as progressive and ambitious, or laughable and silly, but the "Green New Deal" is definitely making headlines regardless of your views on fossil fuels, air travel, and cow flatulence.
Rep. Alexandria Ocasio-Cortez (D-NY) is pushing legislation she calls a “Green New Deal (GND)” to eliminate the United States’ use of fossil fuels and replace them with select renewable sources of energy.
Referring to a possible cutoff of Mideast oil, Merrill Matthews, resident scholar with the Institute for Policy Innovation in Dallas, Texas, said the good news is that the United States has the resources and the ability to fill the gap, and rising crude oil prices could serve as the catalyst to do so.
In more recent years federal environmental authorities have worked to keep the proportion of ethanol to gasoline in U.S. supplies at 10%. Generally, the auto and boating industries alike have resisted the use of ethanol, but the Trump administration may be poised to reverse that, according to a commentary on the Institute for Policy Innovation blog by Merrill Mathews, who equates the administration's interest to providing pork barrel offsets to Iowa farmers.
As Merrill Matthews of the Institute for Policy Innovation noted in a Jan. 2 Wall Street Journal op-ed column, NAFTA participants Canada, Mexico and the United States are codependent on energy and benefit from the trade agreement’s tariff terms.
Merrill Matthews, an analyst with the independent Institute for Policy Innovation, said while Harvey "was certainly a disruption event, the remarkable thing it wasn’t more disruptive," to energy markets.
The Chevy Bolt, touted by electric car advocates as the plug-in electric vehicle for the masses, has yet to make significant inroads into overall car and truck sales.
Merrill Matthews Jr., Ph.D., a resident scholar at the Institute for Policy Innovation, credits two factors with driving U.S. energy dominance: property rights and technology.
In a Wall Street Journal opinion piece Sunday, Merrill Matthews of the conservative think tank Institute for Policy Innovation highlighted the differences in production and royalty rats between federal and state lands.