How does more-expensive fuel help shrink the defense budget?
Environment and Energy Daily reports that the $662 billion 2012 defense authorization bill sent to the president yesterday will prop up the biofuels industry:
The $662.4 billion defense bill Congress sent the president yesterday punctuated a rising concern on Capitol Hill that the military’s voracious appetite for energy is stressing shrinking defense budgets and opening up dangerous vulnerabilities for troops…
Meanwhile, the military’s sweeping effort to transition its fleets to biofuels got a boost in the final policy bill. The legislation authorizes funding for the Navy’s portion of an interagency effort to spur the advanced biofuels market using a special defense authority. It also takes a step toward authorizing the Defense Department to enter into long-term contracts for such fuels — something producers say is key to securing the capital to build large-scale refineries.
As we’ve pointed out before, the military is the customer of last resort for the green scam.