US DOE official says “transportation energy, is now “the No. 1 issue facing the United States”; “US economy is completely dependent on transportation”
John Mizrock, principal deputy assistant secretary to the U.S. Office of Energy Efficiency and Renewable Energy, said that transportation energy, is now “the No. 1 issue facing the United States and its economy, and the US will spend “more than the rest of the world combined in developing alternative fuels.”
Mizrock added that “the US economy is completely dependent on transportation. The US owns 25 percent of the global car and truck fleet is in the US.
Nazeer Bhore, Senior Technology Advisor to Exxon Mobil, told the same SAE conference attendees that the world will require 40 percent more energy in 2030 than 2005, and that the scale of the energy needs made certain that biofuels cannot replace oil.
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