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From: elmatador	11/5/2005 1:05:46 AM
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Ford to subsidize the installation of ethanol fuel pumps at gas stations around the Midwest. It work with VeraSun Energy Corp. to covert fuel pumps to E-85, an alternative fuel made from 85 percent ethanol and 15 percent gasoline. Message 21858192 Ford and other companies built the flexible-fuel vehicles partly because the Environmental Protection Agency offered them credits in their Corporate Average Fuel Economy calculations for doing so. Since the most recent leap in gasoline prices after the hurricane season, Ford and others have been promoting ethanol as a tool for saving money and reducing dependence on imported oil. Under the advertising slogan "Innovation is our mission," Ford has set a goal of producing 250,000 hybrids a year by 2010. Even earlier, it plans to build 250,000 vehicles in 2006 that can run on ethanol. Mr. Mendel of Honda said: "The long ball could be a diesel-electric hybrid, a natural gas-electric hybrid, it could be bio-fuel. But by 2010, a fairly significant percentage of vehicles will have engine technologies operating on fuels other than gasoline." nytimes.com

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