Beware of the Allure of Ethanol Investing [View article]
I agree with tylakewalker, and while we're at it why don't we grow our own cane, it would give the tobacco farmers a great replacement cash crop. You can't tell me we don't have the climate for it, look at the gulf states. The basic idea of ethanol is distilled plant sugar, which the plant makes from photosynthesis (basically converted solar energy involving a plant middleman). Ethanol involves the plants stored energy not any of the other nutrients in the plants structure, yes I agree nutrient dense corn is not the best. Is there anyone from the rural midwest in here, are there fields sitting idle out there that could be used to supplement the food supply? To listen to the headlines you would think every scrap of field is being used at max capacity. I live in the very rural east and from what I drive by everyday it's business as usual. I would be concerned if we kept planting corn over and over, so as to deplete the soil and its the dust bowl all over again.
Beware of the Allure of Ethanol Investing [View article]