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Stock Ideas Investors Daily Edge The Ethanol Biofuel Scam
Stock Ideas Investors Daily Edge The Ethanol Biofuel Scam 
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by Andrew Mickey Last Saturday, the entire mining industry converged in Vancouver to recognize the most successful projects, analysts and financiers from the last year. After such a great year for the commodities market, you can bet it was going to be a fun affair with everyone involved. |
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| The Ethanol Biofuel Scam |
| Saturday, 26 April 2008 | ||||||||
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You're half-right about the Ethanol scam. True, ethanol produces less energy gallon-per-gallon than gasoline, requiring more gallons of fuel to propel a car the same distance, so all the lower-cost-gas estimates are comparing two disparate things. But it is still a viable fuel... when it's created from the appropriate source. Corn is just about the worst source imaginable. There are many other plants – non-edible ones, even, that won't deplete the world's food resources – that produce two, five, or even ten times as much fuel per acre of planting. The hands down winner, however, is algae, which can produce 10,000 gallons of oil per acre of land, and which uses waste carbon dioxide from industrial smoke stacks as a nutrient, helping to reduce greenhouse gas emissions in the process. Conspiracy theorists have opined that the ethanol-from-corn scam is a joint product of the agribusiness and big oil companies, to make a quick buck while discrediting ethanol as a potential fuel source. Jennifer Dunne Hey Mahmoud, What Is That In The Sky, A Care Package? First, I always enjoy your articles, but I'm in the silent majority, so I don't comment. Secondly, I ask myself these questions: 1. George Bush and his cohorts keep talking about "Victory in Iraq." My understanding is victory is when you win something. What will we win in Iraq? 2. How do you stop the war? Contact every Arab company in the Middle East and ask them if they are happy we are in Iraq? If they answer, "No" as I surmise (except Israel), then tell them to put a peace-time army in Iraq and we will move our troops to Afghanistan and Pakistan and find and disseminate Osama Bin Laden. 3. If Iran wants an atomic bomb so badly, send them one on a parachute that will detonate about 500 feet above Mr. Ahmadinejad. Besides, what is an atomic bomb if you can't deliver it?
The US has the only ability to bomb any part of the world. What does this have to do with finance? If we are out of Iraq (how badly did Vietnam tarnish our reputation?) and start paying off the debt to Japan and China, the whole attitude in the US will be positive and we can start being a creative, hardworking country without Bush’s crap. Over six years ago, shortly after 9/11, I was driving in the desert in Arizona. In front of me was an old beat-up truck. Its bumper sticker proclaimed: "Iraq, Arabic for Viet Nam." Even this hillbilly new George Bush was a stupid idiot. This is his recession and we need to get rid of him, his cohorts and their decisions before it becomes our depression. Larry Dunning
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