biofueleconomicsenergyenvironment

More On Corn Based Ethanol

Siphoning Off Corn to Fuel Our Cars

Some interesting facts from this article:

  • About a quarter of this year’s corn crop will be used to produce 8 billion gallons of ethanol. There is a congressional mandate to increase corn based ethanol usage to 15 billion gallons. This means we will be seeing about 40-45% of all corn production going to ethanol.
  • Due to corn being diverted from tables and feed for livestock, we are already seeing large increases in food prices. Eggs alone have gone up 40% in a year.
  • Increased corn prices, mean increased prices for ethanol. This means fuel prices go up due to the mandated ethanol-gasoline blends.
  • Ethanol, originally touted as producing fewer greenhouse gasses, actaully produces the same amount or more when used as fuel. If you are trying to sell ethanol as “environmentally friendly,” this should concren you.