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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (322806)1/25/2007 10:28:47 AM
From: Alighieri  Read Replies (1) of 1575990
 
To look at it another way - Assume your data is accurate. Now assume we move 100% of corn production to ethanol. We only get about 35 billion gallons of ethanol per year, still well short of 840 million gallons isn't it?

You are assuming present corn production rates, and no ethanol production from other sources.

2 - Don't look to ethanol to be more than a marginal part of reducing gasoline and/or oil use.

Tell that to Brazil.

At current prices, Brazil can make ethanol for about $1 a gallon, according to the World Bank. That compares with the international price of gasoline of about $1.50 a gallon. Even though ethanol gets less mileage than gasoline, in Brazil it's still cheaper per mile driven. As a result, ethanol now accounts for as much as 20% of Brazil's transport fuel market. The country's use of gasoline has actually declined since the late 1970s. The use of alternative fuels in the rest of the world is a scant 1%....

With government support, sugar companies and auto makers' local units delivered cost-saving breakthroughs. "Flexible fuel" cars running ethanol, gasoline or a mixture of both, have become a hit. Car buyers no longer have to worry about fluctuating prices for either fuel because flex-fuel cars allow them to hedge their bets at the pump. Seven out of every 10 new cars sold in Brazil are flex-fuel.


Al
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