Saturday, July 7, 2012

Navy moves ahead on biofuels despite congressional ire


(Reuters) - The Pentagon is pushing ahead with a $420 million effort to build refineries to make competitively priced biofuels, despite anger in Congress over the price the Navy paid for alternative fuel to test a carrier strike group this month.
The government plans provide $210 million in matching funds to help firms build three refineries, each able to produce at least 10 million gallons of biofuel a year for military jets or ships, according to documents released this week. The Navy would supply $170 million and the Energy Department $40 million.
The military's spending on alternative fuels has drawn criticism from Republican lawmakers, with Senator Jim Inhofe charging that President Barack Obama's priorities are "completely skewed" and Representative Mike Conaway accusing Navy Secretary Ray Mabus of "squandering precious dollars."
But Mabus warns that U.S. dependence on foreign oil is a strategic vulnerability that can only be addressed by reducing the military's reliance on petroleum as the sole source of fuel to power its jets, ships and tanks
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