Wednesday, August 13, 2008
Ethanol: The Video
One possibility that is not mentioned in this video is that ethanol could be economically viable if it is made from sugar. But we would have to import the sugar. Because of tariffs, sugar costs four times as much on the US market than it is on the world market. It is possible that American ethanol made from Brazilian sugar could reduce our dependence on Venezuelan and Middle Eastern oil. No developed country is resource independent, but we can do more trading with our allies so that we can trade less with our enemies.
We are fortunate in that we are not dependent on other countries for the most important goods, food and medicine. Right now, third world countries need grain from us more than we need oil from them. If you don't believe me, try starting your morning off right with a healthy breakfast of shale topped off with light, sweet crude. We should stop making our ethanol out of food and start making it from sugar.