
07-14-2008, 07:38 AM
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Member
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Join Date: Mar 2005
Posts: 821
Mars
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Quote:
Originally Posted by ruim20
Ofcourse that would be all nice and dandy if it wasn't money involved, and lot's of it, let the starvation begin!
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Yes but as daily oil production peaks and inevitably declines (it will probably happen in the next 1-2 decades) we will quickly find that corn ethanol can't even begin to cover the difference in a decline in oil production. Better to start preparing now with something that has the potential to replace oil for transportation fuels.
Unfortunately for the time being subsidies to US farmers for ethanol are preventing any meaningful steps forward to a better biofuel industry that is not based on crops.
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