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The Water Cooler
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EPA increases ethanol to 15%
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<blockquote data-quote="Hobbes" data-source="post: 1410681" data-attributes="member: 3371"><p>Interesting article in BusinessWeek:</p><p></p><p><a href="http://www.businessweek.com/lifestyle/content/dec2010/bw20101221_927461.htm" target="_blank">End the Ethanol Insanity</a></p><p></p><p></p><p>Among the quotes:</p><p></p><p>"Ethanol is not an ideal transportation fuel. The future of transportation fuels shouldn't involve ethanol." Energy Secretary Steven Chu, Nov. 29, 2010</p><p></p><p>Having been fervidly pro-ethanol in the last decade of his political career, former Vice-President Al Gore reversed course and apologized for supporting ethanol. Of course, Gore's reason for taking his original position was perfectly understandableto a politician. As he told energy conference attendees in Athens, Greece, "One of the reasons I made that mistake is that I paid particular attention to the farmers in my home state of Tennessee, and I had a certain fondness for the farmers of Iowa because I was about to run for President."</p><p></p><p>Translated from politics-speak into English: Pandering to farmers gets votes.</p></blockquote><p></p>
[QUOTE="Hobbes, post: 1410681, member: 3371"] Interesting article in BusinessWeek: [URL="http://www.businessweek.com/lifestyle/content/dec2010/bw20101221_927461.htm"]End the Ethanol Insanity[/URL] Among the quotes: "Ethanol is not an ideal transportation fuel. The future of transportation fuels shouldn't involve ethanol." Energy Secretary Steven Chu, Nov. 29, 2010 Having been fervidly pro-ethanol in the last decade of his political career, former Vice-President Al Gore reversed course and apologized for supporting ethanol. Of course, Gore's reason for taking his original position was perfectly understandableto a politician. As he told energy conference attendees in Athens, Greece, "One of the reasons I made that mistake is that I paid particular attention to the farmers in my home state of Tennessee, and I had a certain fondness for the farmers of Iowa because I was about to run for President." Translated from politics-speak into English: Pandering to farmers gets votes. [/QUOTE]
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