There are some redeeming features of ethanol production. One, the system is a closed loop financially meaning we are not sending billions to the Arabs but keep it here at home. It is renewable so there's no danger of depletion unlike fossil fuels. I would suggest that during this period of high grain prices that the farm subsidies paid to not plant acreage be suspended which would lower our "conservative" record deficits and result in increased plantings and lower prices. Farm subsidies were meant to support prices, not drive them through the roof. And if they could just start producing ethanol from non feed crop sources that could be grown on marginal land I think it would work out better all around.
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There are some redeeming features of ethanol production. One, the system is a closed loop financially meaning we are not sending billions to the Arabs but keep it here at home. It is renewable so there's no danger of depletion unlike fossil fuels. I would suggest that during this period of high grain prices that the farm subsidies paid to not plant acreage be suspended which would lower our "conservative" record deficits and result in increased plantings and lower prices. Farm subsidies were meant to support prices, not drive them through the roof. And if they could just start producing ethanol from non feed crop sources that could be grown on marginal land I think it would work out better all around.
Jul 29 10:41 am
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