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  • The Case Against Ethanol [View article]
    This is a case? What about looking at the actual 2007 results instead of imaginary ills with no numerical back up

    In 2007, the ethanol industry alone provided the following benefits to the nation:
    • U.S. Production and use of 6.5 billion gallons of ethanol in 2007 displaced the need for 228.2 million barrels of oil at an estimated value of $16.8 billion with the accompanying benefit to the United States trade balance.
    • The Federal government received 4.6 billion in sales taxes against an expenditure of $3.4 billion in incentives. States received an additional $3.6 billion in taxes
    • The rejuvenated agriculture community allowed the Government to reduce subsidy costs for farm programs by an estimated $8 billion
    • Helped support the creation of 238,541 new jobs, more than 46,000 of which are in the manufacturing sector;
    • Increased the Gross Domestic Product by $47.6 billion
    • increased household incomes by $12.3 billion

    This contrasts with the effects of continuing the existing status that is crippling the US economy through massive imports.

    And what about the tremendous advances occurring because we are using two of the countries basic tecnological strengths? biotechnoloy and agriculture.

    Please read Energy/Victory by Zubrin before you reach post again
    Mar 26 13:26 pm |Rating: 0 0 |Link to Comment
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