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 Lately, there seems to be as much feverish hype around corn ethanol as there was around a certain other treasure that gleamed gold. Praised as an alternative fuel that is renewable, clean, and domestic, ethanol is making strange bedfellows of environmentalists and industry. Or is it?
If you look around, you might see some environmentalists dodging away, leaving only the familiar partnership of industry and government. There are many reasons why those with the green of nature on their minds are getting out, while those with the green of money on their minds are staying in.
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During the gasoline crisis of the late 70’s and early 80’s, a product called gasohol was popular in parts of the United States to help reduce the need for foreign oil and to reign in explosive fuel prices. Recently, the mixture of alcohol-based fuels with petroleum fuels is seeing a resurgence. The desire to wean ourselves from foreign oil combined with the need to find more sources of renewable, non-polluting fuels, has led to a movement towards ethanol-based fuels.
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