Exact(2)
"She said, 'This ethanol stuff is important to farmers,' " Mr. Arth recalled.
So, what is this ethanol stuff?
Similar(57)
Broin has directed some of the $50 million he's spent on R&D over the past six years into making ethanol from the stuff we don't eat, starting with corn cobs.
The use of ethanol -- the same stuff that gives beer its buzz -- as a fuel is one of those bad ideas that just won't go away.
I'm hammering nails these days, so I'm not really current on this stuff, but the ethanol-subsidy program costs $6 billion a year, and the C.B.O. has said that our ethanol use accounts for like a 10 to 15 percent increase in world food prices, it increases the cost of welfare, lessens our foreign aid to Africa, and ethanol clogs car engines.
"But it's not always politically expedient, especially in a presidential election year, to say stuff that's anti-corn ethanol".
It is the stuff left over from turning corn into ethanol fuel.
However, most policymakers agree that the industry must move beyond corn ethanol, which is less efficient than the sugar-derived stuff and pushes food prices upwards.
For one, the Energy Act of 2005 mandated a growing market for the stuff, by requiring refiners to ramp up ethanol use from 2.5 billion gallons last year to 7.5 billion gallons by 2012.
The cause of his excitement is the demise on December 31st of import tariffs and tax credits that have long sheltered ethanol distilled from corn in the United States from the same stuff made from sugarcane in Brazil.
Once all the corn goes into ethanol, there won't be any corn oil or high fructose stuff.
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