SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Farming
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: patron_anejo_por_favor who wrote (1365)6/19/2008 1:34:00 AM
From: patron_anejo_por_favor   of 4449
 
This was an excellent report on ethanol, published in early 2007. Very prescient on this part:

wilsoncenter.org

The United States produced 8 billion gallons of ethanol last year, and is set to expand its
output to 11 billion in 2007. Ethanol currently constitutes approximately 3.6 percent of U.S.
gasoline consumption on a volumetric basis, and 2.5 percent on an energy equivalent basis. Since
January 2007, however, agricultural consequences have reduced the profitability of ethanol: the
price of corn is rising. Ethanol producers are still breaking even, but the relative decline in profits
has led to the postponement of new plant production and slowdown of the industry’s growth.
Tyner detailed six policy alternatives for U.S. energy policy. The first is retaining the current
51 cents a gallon U.S. federal subsidy. Total ethanol subsidies are projected to reach U.S. 4 billion
for 2007. The likely consequence is continued growth until rising corn prices choke off ethanol
profitability—raising international food prices and upsetting both consumers
and livestock producers. While the logical assumption is that higher agricultural prices would help the world’s
poor (around 70 percent of which rely upon agriculture), the actual impact on poverty would be
far more complicated and quite difficult to estimate. Concern for higher corn prices leads to the
second policy alternative, which is reducing the amount of the federal ethanol subsidy. Lowering
the subsidy down to 30 cents a gallon would help lower the price of corn.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News