Will Rice Fuel the Next Ethanol Trend? [View article]
Food based ethanol is an absolute horrible idea. With food shortages (especially in rice) across the globe, even the thought of using rice as fuel is almost immoral.
My prediction is food based ethanol (rice, corn, etc) is a guaranteed long term failure. Food harvest can be unpredictable year to year and allocating a percentage of the farmed rice to fuel is surely looking for trouble. Bottom line, people will not tolerate long term high prices and volatility in their food supply just to make sure someone can drive their vehicle. If these type of policies are pushed, expect major world instability.
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Food based ethanol is an absolute horrible idea. With food shortages (especially in rice) across the globe, even the thought of using rice as fuel is almost immoral.
Jun 30 12:00 pm
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All Comments by TheRealBull »Will Rice Fuel the Next Ethanol Trend? [View article]
My prediction is food based ethanol (rice, corn, etc) is a guaranteed long term failure. Food harvest can be unpredictable year to year and allocating a percentage of the farmed rice to fuel is surely looking for trouble. Bottom line, people will not tolerate long term high prices and volatility in their food supply just to make sure someone can drive their vehicle. If these type of policies are pushed, expect major world instability.