Posted by admin | Posted in Uncategorized | Posted on 04-11-2011
One need only look at the nightmare that is ethanol to understand why investing in certain forms of renewable energy can be an absolute debacle. The recent move by the United States to pursue an alternative to fossil fuels has resulted in a bloated corn price not only for the US, but for much of Mexico as well. When taking this into account alongside the fact that ethanol is produced via a LOT of gasoline (transport, corn cultivation, etc…) one has to wonder just how sound this energy source is. On the commodity price indexes corn has spiked to unbearable levels, and where once an ear of corn was .10 cents it now costs well over a dollar in some places.
Burning food when so much of the world is starving for no reason is simply foolish, and this is one example of how a half baked idea can quickly cause collateral damage to everyone concerned. There are certain renewable forms of energy such as solar, wind, thermal, and ocean current power that have yet to be fully explored. The reasons behind this lack of exploration are mired in gas and oil company patents, but one thing is clear…ethanol is a bad idea.More info here: Research Draft Part 3: Ethanol is not cool