lails

Pacific Ethanol Files for Bankruptcy Protection for Four Plants

Yet another fine example on why corn ethanol is just not financially sound.

But do investors EVER think about SUGARCANE ethanol? Do they care that an ENTIRE country uses it for over 30 years (Brazil) and is largely responsible for its oil import independence? And that it has an energy ratio of 8 to 1 instead of 1,3 to 1 like corn?

No, they don´t.

Because it hurts too much to know that a 3rd world country managed to attain something that america is not being able to accomplish.

So let us continue investing in technologies that are unproven and seeing these bankrupcies soar. Heck, it´s just money! :)