Biofuels Could Be Boon to Military and Airline Industry, Economy and Solyndra Dominate Campaign Ads

The Airline Industry is pushing for the Military to take a leadership role in use of biofuels.  The aviation and aerospace industries are in a pitched battle with Congress over whether the military should buy biofuels for their vessels. Congress seems on track to deny the military funding for biofuels except under the strictest of circumstances. But for the airline industry, which lives and dies on fuel prices, having the military involved in the biofuels game is key to their future economic viability. 

Campaign strategies of Obama and Romney have shifted heavily into the battle to prove who is best suited to resurrect a limping economy. Obama’s aides have attempted to push criticism of the Solyndra failure aside in order to highlight that Romney learned the “wrong lessons” while working an investor at Bain Capital. Obama’s campaign aims to emphasize that Romney’s experiences in private equity investment prioritized earning profits for himself and his investors instead of focusing on job creation and employment during his time at Bain. On the other hand, Romney supporters try to draw attention to Obama’s inexperience in private equity investment as well as his failure in public equity investment in now-bankrupt Solyndra. While Obama’s campaign claims that green energy investments are necessary to fuel U.S. innovation and that all investments inevitably have the chance to fail, Romney and Republican super-PAC American Crossroads have fired back at Obama’s administration for numerous failed investment strategies and a poor investment track-record.