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Biofuels bust Fuel plants hit economic roadblock
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The market should determine these things and the market is signaling that biofuels are NOT economically feasable. No matter how well intentioned, this seems to be have been somewhat of a disaster.
Using corn, it takes nearly as much energy to make ethanol as the ethanol provides. Brazil is able to make ethanol where the ethanol produces 9 times as much energy as it costs to make it.
Rather than try to do this in our own country inefficiently, we would be better off, importing ethanol from countries that can make it efficiently. This would diversify our sources of energy making us not so dependent on one energy source.
I don't like to see farmers and their communities suffer. Maybe we can get back to using corn for food(people and cattle) and oil and gas for transportation.
Good luck finding a Turkey soon. The Utah turkey business has shut it's doors because the cornbelt has been feeding low yield ethanol plants, not animals that provide food.
It's government subsidies that have kept those cornbelt ethanol plants alive, not a superior product.
In fact, some day the truth will come out that politicians and their buddies skimmed the cash off the top of the ethanol fiasco.