The cross-party committee warned that the increased use of biofuels, part of the European Union's demand for greater stability in energy, would drive up the cost of food.
Advantages include energy security, price stability, less demand (because less energy is lost in transmission), and fewer emissions because most distributed generation is renewable energy.
Monetizing debt and allocating credit, rather than stabilizing the growth of nominal demand and achieving long-run price stability, have brought the Fed into dangerous waters.