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Non-Tech : $2 or higher gas - Can ethanol make a comeback?
DAR 32.05-0.2%Oct 31 9:30 AM EDT

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To: Glenn Petersen who wrote (2727)12/2/2009 5:16:37 PM
From: robert b furman  Read Replies (1) of 2801
 
Hi Glenn,

Good read.

A tax credit on the purchase of an E85 compatible vehicle would spur demand and absorb the growing mandated production.

I've been told that we are about 2 years away from cellulosic ethynol to replace food based ethynol.At that point we want as much consumption of E85 as possilble.

E85 displaces imported oil and cornbased ethynol.

Most importantly it is created by non cost waste products (wood chips grass and certain waste products.

Since the base products used are waste their only cost is collections costs - thus the economic advantage which will drive the conversion of corn baseed ethynol to cellulosic ethynol.

If it is good havinh a problem this is a good one to have.

IMO

Bob
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