$2 or higher gas - Can ethanol make a comeback? Message Board

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Non-Tech : $2 or higher gas - Can ethanol make a comeback?

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To: TimF who wrote (64)	10/16/2004 7:56:29 PM
From: richardred	Read Replies (1) of 2801

Tim: I think I understand your position clearly stated. The Kodak example does has a lot of variables. One point being a camera or the film it uses, isn't a necessity for most of us. Oil (fuel/gas)is a necessity for most of us. Kodak had to develop it because it's part of their future business plans. They knew film would decline as digital progressed. Competition forced their hand, at their cash cow, film. Big oil and big agriculture are working on alternatives, but there are no incentives or competition to move forward alternatives. I'd like to see competition speed up the process. Private sector companies need capital to start research, and survive. That money IMO most likely would come from big oil,big agriculture, or Gov't sponsored programs. In some sense isn't there some wash in subsidies, in that there is a federal tax on gas and big one also for state tax revenue. I'm sure the Gov't in time would find a way to tax alternative fuels, if and when they became big. <g> I did say I would be for a phaseout of that subsidy, but I know how politics tend to work sometimes. RR

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