Senate Energy Chair Manchin Says Fossil Fuels 'Aren't Going Anywhere' Soon
S&P Global reports on a hearing by the Senate Energy and Natural Resources Committee that featured testimony from RFF President Richard G. Newell.
"Richard Newell, president and CEO of nonprofit research institute Resources for the Future, also said a wide range of technologies is needed to decarbonize the economy, particularly for the transportation sector.
Transportation surpassed the power sector in 2017 as the biggest emitter of U.S. greenhouse gas emissions, according to Newell's testimony. Although the cost and range of electric vehicles have improved in the past decade, other transportation segments such as aviation, shipping and long-haul trucking are harder to electrify, driving the need for new technologies such as low-emission liquid fuels, hydrogen and other options, Newell said."
