Congress gave the ethanol industry another boost, extending the tax credits and tariffs while requiring that 7.5 Billion gallons of the nation’s fuel comes from ethanol or bio-diesel by 2012. (That figure could rise to 60 Billion gallons by 2030. The Bio-fuels boom is on. But lets remember; ethanol deliveries 30% fewer miles a gallon than gasoline. Also the U.S. has no pipelines for ethanol, transportation by truck, rail, or barge drives up the prices elsewhere. The processing of ethanol gives off large amounts of carbon dioxide. “That’s where Ethanol’s green label starts to...
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