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Old June 28th 07, 07:56 PM posted to rec.aviation.homebuilt
cavelamb himself
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Posts: 128
Default Hidden costs of ethanol - big business - big profits

Roger (K8RI) wrote:
On Tue, 26 Jun 2007 03:53:23 -0700, Lou wrote:


Has anyone figured this out yet? Even if 1 half of all americans
change over
to e-85 ethanal fuel, there isn't enough farm land to produce the corn
that
will be needed. We will once again be looking to an imported fuel
base.



It's been publicized but apparently our congress critters missed that.
Even with higher yields of corn and in production we don't have enough
total farm land available to grow enough corn to produce enough
alcohol to support a major switch to alcohol as a fuel. That's the
main reason they talk about switch grass and bio generation of
alcohol. However the Canadian's have it right using hemp which is
easy to grow and gives a much higher yield of Alcohol while consuming
much less energy to grow and process. Again, our government has a
hangup with the word hemp, associating all hemp with the recreational
stuff.
BTW, we already have a 50 cent per gallon tariff on imported ethanol
while we are subsidizing the growing of corn and alcohol processing
plants.


Lou



http://www.gulfethanolcorp.com/gulf_..._investors.htm


Less than two years ago the price of standard crude oil was less than
$25 per barrel. By April 21 of 2006, it reached a record of $75.35 per
barrel. And given the mounting tensions in Iraq, Iran, and Venezuela,
multiplied by the ever increasing world demand, there’s no indication
that this strain will be eased any time in the near future.

Strap on your seatbelt... an alternative energy is about to take the
world by storm.

“Just as the events of 9-11 changed how we guard our cities and protect
ourselves, a new generation of ethanol may soon change the way we gas up
our cars and protect the earth.” - Dateline NBC

"Our plan to expand into ethanol production has the potential to
generate significant profits and increased shareholder values," JT
Cloud, CEO of Gulf Ethanol.


Take a look at recent investments made by some of the richest and most
successful people in the world:

* Bill Gates, the richest man in America, allocated $84 million
into Pacific Ethanol, Inc.
* Sir Richard Branson, chairman of the Virgin Group and worth an
estimated $3 billion, has plans to invest $300 to $400 million to
produce and market this promising alternative fuel. He says, “This is
the win-win fuel of the future.”
* Vinod Khosla, “guru” of Silicon Valley, co-founder of Sun
Microsystems, and one of ethanol’s most vocal advocates, has invested
millions of his own dollars in private companies involved in the
development of ethanol.

* What’s more, industry titans are recognizing the value of
providing the American public with an alternative. Wal-Mart announced
that it is considering offering corn-based ethanol at its 383 gas
stations throughout the U.S.
* Not to be left behind, several Big Oil companies, including Shell
and Exxon Mobil, are funding ethanol research.

A booming industry, to be sure! It will only get bigger from here…

Factors Driving Alternative Energy Investments

* FREEDOM FROM FOREIGN OIL: Ethanol could free America from its
reluctant dependence on foreign oil. This is not a pipedream, conjured
up by some pro-U.S. idealists. Not at all. Brazil has turned that vision
into reality, where 70% of the vehicles in that country are sustained on
ethanol. Brazil's ethanol plan has successfully replaced imported oil
worth an estimated $120 billion. To put it into perspective, this would
translate to a savings of about $2 trillion for an economy equivalent in
size to the U.S.
* INCREASED INCOME TO U.S. FARMERS: In terms of economics, there is
no clearer choice for the American public. It would mean higher farm
incomes and we would see a steep increase in rural employment.
* THE TECHNOLOGY’S IN PLACE NOW: The technology to run cars on
ethanol already exists. General Motors alone has built more than 1.5
million ethanol-compliant vehicles.
* IT’S RIDING THE “GREEN WAVE”: And let’s not ignore the fact that
ethanol is believed to be much more environmentally friendly than our
current petroleum. Many experts agree that a switch from gasoline to
ethanol could significantly reduce our carbon dioxide emissions, some
say by as much as 80%. Ethanol’s appeal extends throughout interest
groups. The U.S. government, American car manufacturers,
environmentalists and the agriculture industry are all strong supporters
of this alternative fuel.