Smart Power: Obama makes Navy purchase 450,000 gallons of biofuel at 8 times price of oil

I wonder which direct friend of Obama got a big pay-off to see this happen.

Navy’s Big Biofuel Bet: 450,000 Gallons at 8 Times the Price of Oil

The Navy just signed deals to buy 450,000 gallons of biofuels — arguably the biggest purchase of its kind in U.S. government history. The purchase is a significant step for Navy Secretary Ray Mabus’ plans to transform the service into an energy efficient fleet. But at nearly $1,100 per barrel — eight times the price of traditional fuel — the new fuels won’t come cheap.

The $12 million purchase, expected for months, will all be used this summer, off the the coast of Hawaii. There, supersonic F/A-18 jets will launch from the deck of an aircraft carrier, powered by fuels fermented from algae. A 9,000-ton destroyer and a cruiser will join it on a voyage across the Pacific, using fuel made from fats and greases. (The carrier itself runs on nuclear power.) It’ll be the first demonstration of the so-called “Great Green Fleet” — an entire aircraft carrier strike group, relying on alternative energy sources.

If it works, the Green Fleet will not only be poised for a full alt-fuel deployment in 2016. Mabus will be much closer to his promise of obtaining half of the Navy’s fuel from alternative sources by 2020. And the often-struggling biofuels industry will be a lot closer to proving its viability.

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Smells like corruption, but what do I know, it's probably just as clean and fresh as the Stimulus and the financial reform which allowed Corozine to rob his customers 1.2 billions Dollars. Culture of unabashed publicly displayed corruption. HOPE!