Ethanol Will Become a Fad Without Government Intervention [View article]
Ethanol production has been subsidized for years, with Archer Daniels-Midland being a healthy recipent of the tax payers money. Since ADM contributes heavily to both Political parties, it doesn't matter who is in power.
This most recent misadventure has been a farce from the get-go.
You can not expend natural gas to make fertilizer to grow the corn; then further expend energy to process ethanol, and expect ethanol to be a viable energy source.
This only works if we the tax-payer subsidize the process.
Finally, the unexpected result of having corn shortages, should doom the whole stupid idea.
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throughout the year.
Ethanol Will Become a Fad Without Government Intervention [View article]
This most recent misadventure has been a farce from the get-go.
You can not expend natural gas to make fertilizer to grow the corn; then further expend energy to process ethanol, and expect ethanol to be a viable energy source.
This only works if we the tax-payer subsidize the process.
Finally, the unexpected result of having corn shortages, should doom the whole stupid idea.