venture capital is tight. Or it would appear to be tight.
At one time, farmers needed encouragement to grow corn for ethanol to our benefit. That time has long since past though and the subsidies should have been eliminated long ago.
"It is a sad day in society when people adjust the facts to fit their beliefs, rather than adjust their beliefs to fit the facts."
Sorry...Ive worked with too many university based research programs to have much faith in...welll...university based research programs.
(and I AGREE with your post...just not the peer reviewed part)
1) You have to plant the corn. Get on your tractor and use oil based fuel.
2) You have to harvest the corn. Get on your tractor and use oil based fuel.
3) You have to take the corn to the distillery. Get some trucks and use oil based fuel.
4) You have take the ethanol from the distillery to the refinery. Get some tanker trucks and use oil based fuel.
5) And, of course, you have to transport gasoline with ethanal in it to market. More tanker trucks, which use oil based fuel.
In the end, producing ethanol uses more energy than it produces. Add to that the cost of the corn, paying employees to transport corn and ethanol, fertilizer, and other items, ethanol is a total waste of time and money. But total waste of time and money is something you would expect from our idiots in Washington. Producing more fuel efficient vehicles, going green, the Pickens Plan, solar, conservation, and other realistic programs, will end up weaning us off Middle Eastern oil, whereas ethanol only benefits corporate farms, along with the politicians who recieve the campaign donations (bribes) to keep this idiotic program going.
The ghost of Jack Kevorkian for President's Physician: 2016
what about the rest of em?
Hayek - too liberal for republicans