Saturday, March 13, 2010

Anyone got an extra $4 billion?

Fortune magazine is reporting that corn producers in Illinois, Iowa, and Indiana want to hire builders from Oklahoma and South Dakota to build them an ethanol pipeline to Ohio, Pennsylvania, New Jersey, and New York. That involves enough states that it just might get the Federal funding it needs to go forward. I think that's a shame: the alleged carbon savings of corn-based ethanol look worse and worse the deeper researchers dig. Ethanol will someday help us decrease our carbon emissions, but corn ethanol production is not the way to do that, at least not with current technology. I don't like this one bit.