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Keep Driving Ethanol Forward
By Mr Ethanol | April 1, 2008
Wisconsin State Journal:
In the debate over whether Wisconsin should encourage the development of ethanol, it ’s time to pay attention to one of ethanol ’s most prominent critics.
Because he has changed his mind.
Texas oilman T. Boone Pickens, who once scoffed at ethanol, recently told the CNBC financial news network that he now supports increased production of the homegrown, renewable fuel.
Pickens cited the $1 billion a day that America spends on imported oil.
“I ‘d rather have ethanol and recirculate the money in the country than to have it go out the back door on us, ” said Pickens, who is also promoting wind energy.
Pickens ‘ about-face should enlighten Wisconsin policymakers and the state ’s private industry as they confront a continuing campaign to put the brakes on ethanol.
While biofuels are likely to hit a few potholes in the marketplace, the state should keep its foot on the accelerator to take the lead in biofuel development.
At stake is not only economic gain for Wisconsin but also a better fuel for the future.
Ethanol and other biofuels are not magic solutions to America ’s energy problems. They carry their own set of complications, which critics have seized upon.
In America, ethanol is currently produced chiefly from corn. Consequently, in their latest attack, naysayers have concocted a near-doomsday scenario in which increased demand for corn sends food prices sky high. Farmers all over the world would plow up forests to plant more acres, leading to an environmental disaster.
Topics: Ethanol |
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