I would like to say that you do some things just because it's the right thing to do. You don't do everything just because it's cheaper. For example, it's cheaper for me to throw my old broken refrigerator in some farmer's ditch than it is to have it disposed of properly. But I dispose of it properly because it's the right thing to do.
Leaded gas was cheaper than unleaded but we know that taking the lead out of gas the right thing to do because of unseen pollution and health problems (just like my refrigerator example).
Ethanol at a 10 percent ratio replaces the MTBE additive in gas. MTBE is probably cheaper but is some very nasty stuff and can really pollute groundwater. That's the right thing to do.
The market will eventually tell us whether corn, sugar cane, switchgrass, or whatever is the best source of ethanol. But ethanol use at some percentage is a good thing for now.
And about the poster who mentioned algae, you probably saw the same thing I did. I watched a program that showed an electric power plant out west that was using a genetically modified algae system to "scrub" the carbon dioxide from its emissions. Kind of killing two birds with one stone, producing oil and cleaning up its emissions. It was pointed out that while this worked quite well, it would take a plant the size of a State to replace all of the oil we use so this would be a limited application at best. It was interesting though.
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