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    « What Holds Back Electric Cars? Car Dealers, Says VC | Home | Wider Variety Of Ethanol Blends On The Way, Says DOE Official »

    Ethanol: ‘Neither Renewable Nor Reliable’

    By Mr Ethanol | October 23, 2007

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    The Volokh Conspiracy:
    Speaking of corporate welfare, the cover story in new issue of Regulation, “Neither Renewable nor Reliable” by James Eaves and Stephen Eaves, devastates the environmental and “energy security” arguments for corn-based ethanol. According to Eaves and Eaves, corn-based ethanol is simply not capable of displacing a significant proportion of gasoline consumption, nor would a shift to corn-based ethanol protect markets from volatility due to supply disruptions. They conclude as follows:

    When we assume the ethanol production process is fully renewable, it would take all the corn in the country to displace about 3.5% of our gasoline consumption — only slightly more than we could displace by making sure drivers’ tires are inflated properly. There are also ethical considerations. In particular, the United States is responsible for over 40% of the world’s corn supply and 70% of total global exports. Read on…

    Topics: Ethanol, Negatives |


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