I wouldn't.
One day the public will wake up and realize the government and the ethanol industry has been snowing them. They'll see ethanol for the energy-negative fuel it is. They'll realize ethanol is actually driving fuel costs up, while consuming more energy to produce than you get out of it. And then they'll stop using it.
We've already seen this on a small scale in Iowa. The state gives big tax breaks (on top of the federal 51 cent/gallon blend tax credit), which usually keeps the E10 89 octane gas cheaper than the regular 87 octane gas. But when the price of ethanol went through the roof last month, making the 89 octane more expensive than the 87, Iowans switched right back to non-ethanol 87. That shows people aren't concerned about the (fake) environmental benefits of ethanol - they're just looking for the cheapest fuel. Once they figure out ethanol does not fit that bill, and in fact drives fuel prices up, they'll abandon it for the scam it is, and all the jillions of ethanol plants farmer co-ops are building across the midwest will go under. Investors will lose their shirts, and I wouldn't be surprised to see even bigger economic impacts across the corn belt.
|