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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (5737)	4/7/2007 10:04:55 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 24226

The Economist agrees with Castro on America's ethanol drive The Economist IT IS not often that this newspaper finds itself in agreement with Fidel Castro, Cuba's tottering Communist dictator. But when he roused himself from his sickbed last week to write an article criticising George Bush's unhealthy enthusiasm for ethanol, he had a point. Along with other critics of America's ethanol drive, Mr Castro warned against the sinister idea of converting food into fuel. ...corn-based ethanol, the sort produced in America, is neither cheap nor green. It requires almost as much energy to produce (more, say some studies) as it releases when it is burned. And the subsidies on it cost taxpayers, according to the International Institute for Sustainable Development, somewhere between $5.5 billion and $7.3 billion a year. ...Ethanol is not going to solve the world's energy problems on its own. But its proponents do not claim that it will. Ethanol is just one of a portfolio of new energy technologies that will be needed over the coming years. Good ethanol, that is-not the bad stuff America is so keen on. (4 April 2007) The original article is behind a paywall at the moment. It has also been posted at Marxmail. -BA energybulletin.net