http://www.bloomberg.com/news/2011-...f16s-as-biofuels-head-to-war-commodities.html
Money Quotes:
Money Quotes:
The U.S. Air Force is set to certify all of its 40-plus aircraft models to burn fuels derived from waste oils and plants by 2013, three years ahead of target, Air Force Deputy Assistant Secretary Kevin Geiss said. The Army wants 25 percent of its energy from renewable sources by 2025. The Navy and Marines aim to shift half their energy use from oil, gas and coal by 2020.
You may hate the Pentagon but I take this as a sign that biofuel have become mainstream and we will see more of a shift towards them in the future. Another sign that oil prices are poised to fall in the medium term (~ 2016).“You can’t take a 10-year contract from an American airline to the bank and get the financing that you need,” Rekoske said. “You can if you have a 10-year contract from the U.S. Navy.”
The military’s drive to cut dependence on oil, coal and gas goes beyond biofuels. It’s developing wind and solar farms to power U.S. bases and expanding the use of renewables into combat zones such as Afghanistan, where a study last year showed one Marine is killed or wounded for every 50 fuel and water convoys.





