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At the very least, we'll finally have some OPTIONS. That has to help.BP buying 50% stake in Brazilian ethanol producer:
News Link
As I stated years ago, trading oil for ethanol just trades one pusher for another pusher. All those nasty things you say about big oil will now be said of big agriculture, big electricity and big battery.
Costka has a process that uses anything that would normally go into a landfill to make $1/gal ethanol. It IS an option, and when electricity is added, it puts downward pressure on oil.Ethanol is not a good option... taking food to make oil is not a solution.
I know I'm going to get flame for this, but the reality is if you look at the energy needed to create ethanol versus the energy generated by ethanol, there is not that much new energy created.
And it put even more presure on the food chain...
There are new ways of getting Ethanol without using food, those methode makes sence for me, but once again we are taking the easy root by using food.
frankyb,
I'm not trying to contradict you. I'm just pointing out that cellulosic ethanol does not impact or require food.