kaiser715
Doing hard time
- Joined
- Jun 1, 2006
- Location
- 7, Pocket, NC
The fuel can help oil refiners, because biobutanol generates more renewable identification number credits, or RINs, under the EPA’s Renewable Fuel Standard program since it is considered an advanced biofuel, he said.
The bigger credit would help smaller, independent oil refiners meet the fuel mandate, because they must buy the credits to comply with the RFS since they don't have the infrastructure to blend biofuels.
Still uses corn.
I'm not a fan of using food stocks as fuel.
Ethanol doesn't use food corn. There is sweet corn and field corn. Sweet corn is what we eat. This is about 1% of the total corn crop. The other 99% is field corn which goes into animal feed and other industrial uses. It also doesn't drive up the price any appreciable amount. The majority of food costs are driven by transportation and marketing. Weather and global economic policies also play a big role.
There are a lot of myths and untruths around ethanol. I'm not saying its a super fuel and the savior of humanity, nothing is. But it isn't the demon fuel its made out to be. There is a lot of politics around the gasoline vs ethanol debate.