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AviGandhi
17 Comments
Good News at VeraSun Energy
Corn based ethanol does not fulfill any of these needs. In terms of reducing exposure to oil (b and c), it currently takes more energy (read: oil) to produce a gallon of ethanol than it does to produce a gallon of gasoline. Because oil is an important input into the farming of corn, corn prices absorb oil prices, leading to the volatility of not only a major ethanol input, but also a major foodstock. Furthermore, the need to use MORE oil to produce a gallon of gasoline equivalent of ethanol in no way reduces this country's dependence on foreign oil - it increases it.
Regarding GHG reductions, the carbon contained in the oil used to fertilize the cornfields will be released when the corn is processed or eaten, and when the ethanol is burned. This does nothing whatsoever to mitigate GHG emissions, and since more oil is used, it actually increases them.
So, just because corn-based ethanol is the only gasoline alternative at the moment doesn't mean it's worth using or investing in - and with the terrible press it's been getting, I doubt that it would be a good middle- to long-term investment. Cellulosic ethanol, however, is far more promising; companies like Bluefire Ethanol, who turn waste to fuel, are far greener and have technology that is far more promising, even if it will take 2-3 years before their production starts to come online. I'm willing to wait.
Brazil's Sugar Fuel a Sweet Solution for Global Food Supply
I still agree that corn could be put to better use than ethanol.