Rubber burning smell!!
I have a 1994 Jeep Cherokee Sport. I have a rubber burning smell coming from my engine compartment. The smell is noticeable from inside the cab after a couple minutes of constant driving at running temp. After I stop and lift the hood, I can really smell it near the SB and the alternator. Basically between the battery and right side of the motor.
Initially I thought the SB was slipping, but it is a new belt that I installed. Maybe it is too tight? There isn't any wearing on the belt.
The smell only occurs while driving in motion. When it is idling it wont create the smell even if you rev it up.