Purdue Energy Summit
Next week, Purdue University and U.S. Sen. Richard Lugar will host an energy summit to discuss industry and policy perspectives on how our nation can significantly reduce its dependence on foreign oil.
Richard G. Lugar-Purdue Summit on Energy Security will bring more than 600 leaders to the Purdue campus in West Lafayette, Ind. to discuss national energy issues and policy. Among those joining Lugar, R-Ind. for the daylong event include Indiana Gov. Mitch Daniels, Purdue President Martin C. Jischke and U.S. Rep. Pete Visclosky, D-Ind.
The Aug. 29 invitation-only summit includes a panel discussion, “Implementing Strategies to Reduce Foreign Oil Dependence.” Panelists include Sue Cischke, Ford Motor Co. vice president; Carol Battershell, vice president for alternative energy for BP Inc.; and Amy Myers Jaffe, Wallace S. Wilson Fellow in Energy Studies at the James A. Baker III Institute for Public Policy of Rice University. Brian Lamb, president and CEO of C-SPAN, will serve as panel moderator.



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Ed Fashing
Hi, I’m Ed Fashing Communications Vice-President of the American Agriculture Movement.
The American Agriculture Movement believes in a Declaration of Independence from Foreign Energy see http://www.biomassusa.org for our expression.
AAM believes in a reinstatement of the IRS Section 29 (45k) backing a Biomass Production Tax Credit.
A Biomass tax Credit will:
Keep more energy dollars in the local community;
Will insource thousands of new energy jobs with many in rural America;
Biomass Tax Credit will increase farm income and recycle more money in the rural economy;
Biomass tax credit will lower fertilizer prices;
A biomass tax credit will lower gas and diesel prices;
A Biomass tax credit will shore-up U.S. energy security and help the U.S. stay the only superpower lowering the U.S. dependence on foreign oil;
Using biomass and its products will produce a cleaner air;
Using biomass will recycle carbon in the atmosphere rather than introducing new fossil carbon as part of the greenhouse gas carbon dioxide;
A biomass credit will decentralize the energy production centers restoring jobs to rural America.
See http://www.biomassusa.org
The American Agriculture Movement decided at our 2006 Convention to promote renewable biomass for production of energy to help decrease U.S. dependence on imported oil and natural gas and increase jobs and money circulation in the rural economy. Renewable biomass of plant materials or animal waste recycles old atmospheric carbon instead of releasing new fossil fuel carbon into the atmosphere. Combusted biomass releases little Sulfur Dioxide.
AAM favors renewable biomass for insourcing energy, food, and jobs, rather than outsourcing which decreases jobs. Outsourcing increases the national debt and decreases money circulating in the rural economy.
In some rural areas, money today recycles 3 times whereas 30 years ago money recycled 10 times. Insourcing will increase rural money circulation.
Combustion of biomass can produce steam for generation of electricity. Combusting biomass with coal or other materials extends their use. Biomass gasification contains methane. Biomass can be converted into ethanol.
One-third of America’s energy could be provided by renewable agricultural biomass. The average crop residue value per ton for heating is about two hundred dollars compared to two dollars for fuel oil per gallon.
Thirty percent of renewable biomass can be used for producing heat, steam, electricity, or mechanical energy without greatly decreasing soil humus from crop residue. Biomass now supplies three percent of U.S. energy but potentially can supply thirty per cent of U.S. energy.
Alternative energy sources like ethanol, biodiesel, and wind energy can produce over one billion dollars in energy but renewable biomass can produce ten billion dollars in energy. In the 1960s, foreign oil supplied twenty percent of U.S. oil. Today, imported oil supplies sixty percent. Renewable biomass can produce 100 times the present world total energy consumption.
AAM believes if renewable biomass is given a tax credit, subsidy, or price support to protect biomass from great oil price fluctuations–then the biomass industry will greatly diminish using imported foreign oil.
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