The Corn Isn't Green
The real reason ethanol won't—and can't—cut American oil imports
The ethanol producers and the flex-fuel-car advocates are wrong because their solution replaces only part of the crude-oil barrel and won't reduce demand for that entire barrel in any meaningful way. Here's why. Full Story »
Posted by Derek Hawkins
I have been convinced that the massive ethanol plants being built at a frantic pace will be rusting junk within 20 years since the beginning of the peak oil controversy. One of the great problems of the oil boom was how to use all of the byproducts. Now we need more of all of it them except gasoline. Entreprenurship will solve that problem, not subsidized ethanol production.