Friday, 9 January 2009

Whoever wins the race in the dollar? Ethanol is, for many less

Not that ethanol is the worst of alternative energy sources, the federal government is in love with ethanol from corn, maybe a little too much. Over the years, the U.S. farm lobby has worked and is working on the subsidies for corn and, more recently, the producers of ethanol. The result, calculated by the Working Group on the environment in a new report that ethanol (including biofuels produced from corn) is now more than three times the federal government dollars (3 billion USD in 2007) that the solar energy, wind energy, geothermal and biomass combined. With ethanol, especially ethanol from corn, by losing its luster (see here and here), the imbalance in the previous figure is expected to Obama and the administration of the new fairground revaluation of renewable energy resources are spent in the coming years. Cellulose ethanol, solar and wind energy all deserve a bigger slice, do not you think?

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