Posted by jdemaris on December 03, 2010 at 11:28:55 from (67.142.130.26):
In Reply to: Re: Total waste posted by JoeBob-IN on December 03, 2010 at 10:14:44:
Yes, and we spent as much time and money of other resources and technology, we'd save a heck of a lot lot more.
Seems to me that since we are living off of finite resources, shouldn't we focus on something with the best possible returns, and not the worst?
Also, those 1.1 to 1 figures are absolute best-case scenarios. I suspect they are fudged a bit, and ethanol in reality is a guaranteed loss.
When corn prices go up, food prices go up, more people probably start living on welare, get free oil for heat, and turn up their thermostats. How many people work more jobs and commute more, thus using more oil, to make ends meet to pay the higher bills? How many farmers directly benefit from higher corn prices, condidering that it also raises the prices of feeds? Farmers who produce corn might make a few bucks for awhile, at the cost of those who have to buy it instead.
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