« Ethanol: Is It A Miracle Cure Or Another Dose Of Snake Oil? | Home | Ethanol Boom May Stifle US Gasoline Demand »
Is The Government Pushing Ethanol Too Aggressively?
By Mr Ethanol | February 14, 2008
Wired News:
The federal government has decreed that we will use 9 billion gallons of ethanol this year, which begs the question of where it’ll come from and where we’ll buy it.
America produced 4.7 billion gallons of ethanol last year and sold it in fewer than 1,700 gas stations. We’ve got a long way to go if biofuels are to help free us from oil, 
and the Energy Independence and Security Act of 2007 doesn’t necessarily make getting there any easier. Critics say the problem is the renewable fuel standard, a provision of the law that stipulates the amount of ethanol (and other renewable fuels) that must be produced and, in the case of ethanol, blended with gasoline each year.
“There is some concern that the RFS as enacted risks taking the biofuels industry backward rather than pushing it ahead,” Sen. Jeff Bingaman, the Democratic chairman of the Senate Committee on Energy and Natural Resources, said at a hearing last week.
Topics: Ethanol, Legislative, Market, News |
Related Posts
- Ethanol Firms Seek More Clarity
- Going Green’s No Good For Gas Prices
- Alert On Risks Of Ethanol Subsidies
- Ethanol Boom, Rising Prices Divide Corn Lobby
- Ethanol Runs Out Of Gas When You Tote Up True Cost
- 10% Ethanol Blended Petrol Becomes Mandatory
- Environmental Group Sues Government Over Kyoto
- US Money For NZ Ethanol Company
- Eco Friendly Vehicles: A Case Of Misplaced Emphasis?
- Ethanol: Weapon Against Oil Companies?
New Way Of Making Easy Money Online