The market says corn ethanol is no good, so it must be so.
There was a very good story on NPR about ethanol and the significant drops in investment due too venture capital drying up, and how the credit crunch is making the construction of these plants hard to finance. Turns out that even corn ethanol is linked up with the banking crisis.
http://www.npr.org/templates/story/story.php?storyId=92559699
Also, check out Biofuels deathwatch... a fantastic resource from earth2tech.com
http://earth2tech.com/2008/01/09/earth2tech-maps-biofuels-deathwatch/
The costs of constructing those plants should be counted in the balance sheet against biofuels!
There was a very good story on NPR about ethanol and the significant drops in investment due too venture capital drying up, and how the credit crunch is making the construction of these plants hard to finance. Turns out that even corn ethanol is linked up with the banking crisis.
http://www.npr.org/templates/story/story.php?storyId=92559699
Also, check out Biofuels deathwatch... a fantastic resource from earth2tech.com
http://earth2tech.com/2008/01/09/earth2tech-maps-biofuels-deathwatch/
The costs of constructing those plants should be counted in the balance sheet against biofuels!
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