ÜberDoober
05-14-2008, 01:44 PM
How long will Indycar take their Ethanol money and sponsorship? My guess that by next year, the backlash against biofuels will be widespread and the association of Indycar and Ethanol might not be the best thing for the sport?
What was touted as the next best thing, isn't. It's not better for the environment, suspected as raising food costs (including beer! Ummmm beeer) and generally gaining the rep as not the great salvation it was supposed to be.
Biofuels backlash in US as food costs hit home
WASHINGTON (AFP) — A biofuels backlash has erupted in major ethanol producer the United States, as lawmakers and experts debate the merits of converting food to fuel to support America's age-old love affair with the automobile.
With gasoline at record prices at US pumps, and soaring corn, rice and wheat costs sparking a global food crisis this year with deadly riots in several nations, some have questioned the wisdom of President George W. Bush's call for higher US biofuel mandates that divert US crops, like corn, to fuel production.
"Why are we putting food in our gas tanks instead of our stomachs?" Richard Reinwald, owner of Reinwald's Bakery in Huntington, New York, asked members of Congress at a hearing last week on skyrocketing food costs.
Biofuels are derived from foodstuffs such as corn, soybeans and sugarcane, and plants like switch grass and their cellulosic waste.
Touted just months ago as an answer to spiking gas prices, biofuels are enduring closer scrutiny by US lawmakers alarmed by the high cost of food staples and how they are sapping millions of American households. Source article: external link (http://afp.google.com/article/ALeqM5gFrpSyEZtHxPkpMpUJPDP9-_WYrA)
Ormat Should Benefit from the Ethanol Backlash
With people rioting all over the world because of surging food prices, we have started to see a backlash against the cause of the food inflation - ethanol. As global warming alarmists convinced legislators and the media that we need to pour money into ethanol in order to solve the global warming “crisis,” and use it as an alternative to crude oil. So backed by government subsidies, farmers changed their crops over to grow corn, thus creating shortages of other food stuffs and soft-commodities. With smaller supplies, the prices have soared, and now the developing world is taking it on the chin, as citizens are unable to purchase even the most basic food.
What we are starting to see is a backlash against this. The media has started to run stories about the wisdom of ethanol. Better late than never, I guess. The fact that it takes more energy to produce it than it does produce. It also uses a large amount of water in the process, and it's not as if the world is full of spare water. Source article: external link (http://seekingalpha.com/article/72657-ormat-should-benefit-from-the-ethanol-backlash)
Welcome to the Corn Ethanol Backlash
Written by Hank Green
Nothing can break down faster than a technology supported 100% by government, 50% by industry and 10% by reason. Which is why the ethanol industry in America is suddenly looking to be on shaky ground. It seemed like a godsend a couple years ago: Replace foreign oil by helping local farmers and reducing greenhouse emissions! WHERE DO I SIGN!
Politicians loved it, and so subsidies were thrown at producers and ethanol is booming. Unfortunately, it turns out to not be the silver bullet that everyone hoped it would be. And featured this week in three of the four magazines I receive in print form are stories pointing out some of the weaknesses of our current bio-fuels situation. Full article: external link (http://www.ecogeek.org/content/view/1015/)
:ack2::ack2::ack2:
What was touted as the next best thing, isn't. It's not better for the environment, suspected as raising food costs (including beer! Ummmm beeer) and generally gaining the rep as not the great salvation it was supposed to be.
Biofuels backlash in US as food costs hit home
WASHINGTON (AFP) — A biofuels backlash has erupted in major ethanol producer the United States, as lawmakers and experts debate the merits of converting food to fuel to support America's age-old love affair with the automobile.
With gasoline at record prices at US pumps, and soaring corn, rice and wheat costs sparking a global food crisis this year with deadly riots in several nations, some have questioned the wisdom of President George W. Bush's call for higher US biofuel mandates that divert US crops, like corn, to fuel production.
"Why are we putting food in our gas tanks instead of our stomachs?" Richard Reinwald, owner of Reinwald's Bakery in Huntington, New York, asked members of Congress at a hearing last week on skyrocketing food costs.
Biofuels are derived from foodstuffs such as corn, soybeans and sugarcane, and plants like switch grass and their cellulosic waste.
Touted just months ago as an answer to spiking gas prices, biofuels are enduring closer scrutiny by US lawmakers alarmed by the high cost of food staples and how they are sapping millions of American households. Source article: external link (http://afp.google.com/article/ALeqM5gFrpSyEZtHxPkpMpUJPDP9-_WYrA)
Ormat Should Benefit from the Ethanol Backlash
With people rioting all over the world because of surging food prices, we have started to see a backlash against the cause of the food inflation - ethanol. As global warming alarmists convinced legislators and the media that we need to pour money into ethanol in order to solve the global warming “crisis,” and use it as an alternative to crude oil. So backed by government subsidies, farmers changed their crops over to grow corn, thus creating shortages of other food stuffs and soft-commodities. With smaller supplies, the prices have soared, and now the developing world is taking it on the chin, as citizens are unable to purchase even the most basic food.
What we are starting to see is a backlash against this. The media has started to run stories about the wisdom of ethanol. Better late than never, I guess. The fact that it takes more energy to produce it than it does produce. It also uses a large amount of water in the process, and it's not as if the world is full of spare water. Source article: external link (http://seekingalpha.com/article/72657-ormat-should-benefit-from-the-ethanol-backlash)
Welcome to the Corn Ethanol Backlash
Written by Hank Green
Nothing can break down faster than a technology supported 100% by government, 50% by industry and 10% by reason. Which is why the ethanol industry in America is suddenly looking to be on shaky ground. It seemed like a godsend a couple years ago: Replace foreign oil by helping local farmers and reducing greenhouse emissions! WHERE DO I SIGN!
Politicians loved it, and so subsidies were thrown at producers and ethanol is booming. Unfortunately, it turns out to not be the silver bullet that everyone hoped it would be. And featured this week in three of the four magazines I receive in print form are stories pointing out some of the weaknesses of our current bio-fuels situation. Full article: external link (http://www.ecogeek.org/content/view/1015/)
:ack2::ack2::ack2: