• 19:17 - 21:42
David Blume | The Alcohol Conspiracy & The Road Map To Energy Independence
Jimmy Carter, OPEC Embargo, and Alternative Energy Resurgence
The 1970s energy crisis and the Arab oil embargo led President Jimmy Carter to aggressively pursue alternative fuels. Carter implemented a windfall profit tax on oil companies to fund the development of alcohol fuel and other renewables. This era saw a significant but temporary resurgence of alcohol fuel production before political and corporate pressures shifted the focus back to petroleum.