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    « Company Promises One Dollar-Per-Gallon Ethanol At US Pumps | Home | Ethanol Is Saving Us Money »

    The Case Against Ethanol

    By Mr Ethanol | March 26, 2008

    Seeking Alpha:
    This view likely reinforces the opinion of many investors. Ethanol and many other grain-based biofuels are an unmitigated folly as both a means of fuel and as an investment.

    A fresh comprehensive study of ethanol and other grain biofuels done by an apparent supporter of the global warming supposition, Tim Searchinger of Princeton University, has appeared to shock the global warming community nbf.JPGby accusing most biofuels, in certain terms, of actually being worse for the environment than standard fuels.

    The ripple effects of the grain biofuels industry are mammoth. Searchinger comments, “The simplest explanation is that when we divert our (grains) to fuel, if people around the world are going to continue to eat the same amount that they’re already eating, you have to replace that food somewhere else.” The answer to this statement is that grain biofuel production is driving agriculture to expand in other parts of the world. “That’s done in a significant part by burning down forests, plowing up grasslands and thus releasing a great deal of carbon dioxide. Right now, there’s little doubt that ethanol…is making global warming worse.”

    Alex Farrell at the University of California, Berkeley, agrees. “I think this paper will have major implications for the use of biofuels around the world. If you care about greenhouse gasses then… the biofuel industry is going in the wrong direction.” Continue reading…

    Topics: Ecology, Ethanol, News |


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