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#1045 of 1067 More wasted tax dollars on Ethanol subsidies
Feb 08, 2011 (1:54 pm)
Heavily subsidized Georgia ethanol plant closes
12:26 pm February 8, 2011, by Kyle Wingfield
A Georgia biofuels company has drawn the attention of noted corporate-welfare critic Timothy Carney in the Washington Examiner:
To turn wood chips into ethanol fuel, George W. Bush’s Department of Energy in February 2007 announced a $76 million grant to Range Fuels for a cutting-edge refinery. A few months later, the refinery opened in the piney woods of Treutlen County, Ga., as the taxpayers of Georgia piled on another $6 million. In 2008, the ethanol plant was the first beneficiary of the Biorefinery Assistance Program, pocketing a loan for $80 million guaranteed by the U.S. taxpayers.
Last month, the refinery closed down, having failed to squeeze even a drop of ethanol out of its pine chips.
The Soperton, Ga., ethanol plant is another blemish on ethanol’s already tarnished image, but more broadly, it is cautionary tale about the elusive nature of “green jobs” and the folly of the government’s efforts at “investing” — as President Obama puts it — in new technologies.
$162 million down the toilet on biomass ethanol
#1046 of 1067 Re: More wasted tax dollars on Ethanol subsidies [gagrice]
Feb 08, 2011 (2:07 pm)
Ugh, but I'm not surprised.
I hope folks are patient for 'algae ethanol'. And I'm still waiting on all the 'cellulosic ethanol'...
Oct 04, 2012 (6:20 am)
Six gas stations in and around Kansas are now offering E15 (15% ethanol 85% gasoline). This is a 50% increase in the amount of ethanol added to gasoline. This forum has aired a lot of opinion and information in the past; I think its time to reactivate it and take another hard look at this development and why this is a very bad thing for American motorists.
#1050 of 1067 Re: Uh Oh! [newdavidq]
Oct 04, 2012 (6:37 am)
I would be curious as to the mileage difference in a FFV. I would NOT run that stuff in a vehicle not rated as FFV. I can tell a big difference in my Sequoia on the highway, when I run RUG with no ethanol vs the crap we get here in CA. If it costs 15% less it is probably a wash. I still contend ethanol is a net negative on the environment using Corn. The farm subsidies are just too much for the big ag companies to ignore. Corporate welfare to the max.
#1051 of 1067 Re: Uh Oh! [gagrice]
Oct 04, 2012 (6:40 am)
Ah! You're up early!
As always completely agree on corn ethanol. Only there because Iowa is a perpetual swing state.
#1052 of 1067 Re: Uh Oh! [fezo]
Oct 04, 2012 (6:57 am)
good point. I think I read over 90% of the land in Iowa is farmed. Mostly corn. Both parties protect those stinking farm subsidies for their rich constituents.
I am always up at 5 AM old habits are tough to break.
#1053 of 1067 Time to cut the EPA off at the knees.
Nov 17, 2012 (9:32 pm)
EPA OWNED BY SPECIAL INTERESTS like ADM...Screw the Consumers...
EPA rejects bid to relax ethanol mandate
2012 drought prompted request over corn fuel use
Washington — The Environmental Protection Agency on Friday rejected a request from eight governors and nearly 200 members of Congress to waive requirements for the use of corn-based ethanol in gasoline, after last summer's severe drought wilted much of the nation's corn crop.
The move is a victory for corn farmers who have seen corn prices jump 400 percent in recent years. But it is a loss for pork and beef producers who say the diversion of corn to ethanol raises feed prices and ultimately prices at the supermarket.
http://www.detroitnews.com/article/20121117/AUTO01/211170359/EPA-rejects-bid-to-- - relax-ethanol-mandate
Wanted a pound of bacon the other day, $7 a pound. I can live without it.
#1054 of 1067 Re: Time to cut the EPA off at the knees. [gagrice]
Nov 18, 2012 (8:48 am)
I can understand preferences when alternative energy is being started and the fuel situation was different when ethanol was first brought on, but there comes a time when these things need to either be able to stand on their own merits or fade away. Same goes with wind energy. Personally, I've always been skeptical that ethanol may actually use more resources and energy than it provides. As for wind, I don't think people factor in the operation and maintenance costs over time to operate those gigantic windmills. I'm thinking we'll see a lot of them abandoned and rusted out a decade from now.