We have all heard that ethanol made from corn is not very cost effective. Evidently, we have to use a great deal of fuel, land, fertilizer, water, and other resources to grow corn to be turned into alcohol, and it just doesn't make fiscal or environmental sense to continue to develop ethanol in this way. Indeed, if we didn't have the farm subsidies and the sanctions, we would never have developed it to this extent. It is, as it stands, a government boondoggle.
But take heart my dears! News is out that a company in Georgia--Range Fuels--has developed a way to make ethanol from waste! You heard me--waste. They claim that soon they will be able to supply enough ethanol to replace the oil we get from Venezuela and the Persian Gulf combined.
This makes me happy. It is a great example of problems being solved by the private sector. What? Did I just say that? Well, I'm still a big ol' liberal, and I still think our government is responsible for investigating and encouraging the development of sustainable energy, but
they aren't doing it. So hurray for the private sector!
I'm doing my happy citizen dance.