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Originally Posted by shakran
So why would you want to invest in the scam?
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I was talking about the govenrment in general. A joke.
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The very fact that so many ethanol plants are going up at once should make you nervous.
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I cant imagine that people that have the money and will to choose one of many options, would end up building an ethanol facility, (which most are locally owned and operated), without having strong confidence in its success. Id say these people have done extensive research on the pros and cons with committees and boards dedicated to the subject. Of course, nothing is certain. This i am aware of.
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No, it hasn't. Do your research. Adding ethanol to american fuel has required us to bypass the usual fuel infrastructure (pipelines) in favor of trucks because ethanol cannot be introduced into a pure-gas pipe. Because of this, costs for transporting ethanol have gone up. You must also take into consideration government subsidies. currently the federal government gives ethanol a $0.51 per gallon tax credit. There are more gimmes available from individual states. If I make a product that costs me $5 to make, but I sell it for $4 because the government gives me $2 for every copy, that's still not a viable product. If the subsidies dry up (they will) the industry will sink.
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As it is, yes, but in time, inefficiencies could and may be cleared up, as with any product ever marketed.
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Would you care to cite sources on this, or is this just a wild-assed guess? Hint: If the source is the ethanol industry, that might not be a viable source.
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Neutral investment research. Many newspaper articles. And yes, even a few ethanol industry based organizations.
But as for my personal,
wild-assed guess, I am an american, and if your suggesting that making and using a product like ethanol on the homefront is more expensive than the cost of our precious oil, its absolutely ridiculous.
For a very long time, armies, countries, governments, ect. all over the world, since petroleum has been discovered and used, have fought over the control of petroleum producing land. Hasnt there been, and presently ongoing, very MANY fiscal "military operations", to secure the united states' position in the middle east, as with other countries? The governments sure as hell arent doing it because they "just want to help". Its mainly all over oil, with an exception of a few obligating prior commitments. It will never stop as long as there is a petroleum crisis. If ethanol is more expensive than all that, ill eat my hat!!
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So what? Why do you, as a private investor, give a crap if it raises farm income unless you're a farmer? Are you investing to make money, or to feel good about yourself?
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I am looking to invest to make money, but unlike most, I would like to invest in something that is good all around, not to make a quick buck without thought to anything else. I do care about the farmers, if this goes through, and it continues to raise farm income, it will also put interest back into farming, which is at a low. Agriculture makes life possible!
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And the President just murdered millions of people by denying medical science the ability to research their diseases. not all legislation is a good thing.
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Irrelavant. The original post was about the investment potential.
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that's comparing apples to aardvarks. Power plants do not generally fuel cars. Ethanol plants do. ethanol releases fewer of some pollutants, and more of others, while wasting a crapload of energy to make it. It is a non-workable fuel, at least with current technology.
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No, not yet, but it could be possible in the future.
But to say how environmentally positive it is, it was just a point in general.
A nonworkable fuel? I agree that its not the perfect solution and definately has its quirks to be worked out, but non working? Its like you have stamped the entire idea as a failure.
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And back to my previous example, everyone predicted Krispy Kreme would kick serious ass cross-country by opening so many stores so fast. And why shouldn't they? They make a delicious product. People stand in line for hours when a new store opens. They're the only fast-food donut store with a freakin' FACTORY in every store to keep up with demand. This should have been a solid gold investment opportunity. Instead the company damn near went under, against all predictions. It's slowly recovering now, but it was a very near thing for awhile. Predictions can be wrong, especially when there are unconsidered factors (such as the dirty little secret that ethanol is a scam).
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Talk about comparing apples to aardvarks. The success of a donut compared to an alternative fuel..
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1) That's like you or me putting fifty cents into Pacific Ethanol.
2) He's a computer nerd. He's not a fuel expert.
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Rich computer nerds dont get that way by throwing away money, they hire expert financial advisors and the best of the best fuel experts to do the research for them.
And to mention, a LOT of other investors took his lead, but I suppose they like to just throw their money away, too?
A few good read articles:
http://www.mda.state.mn.us/ethanol/balance.html
http://news.mongabay.com/2006/0126-ethanol.html
http://www.washingtonpost.com/wp-dyn...072101205.html
As far as investing in it, points stated here by everyone makes me want to research more into the subject as a whole. I will take everyones opinion into consideration. Thank you!
And for the personal opinion, I like it. I hope its here to stay. Anything good for the environment is pro to me, being that I am a liberal concerning earths issues.
"That said, the cynics also miss the point. Doing nothing solves nothing. These may be incremental and extremely partial solutions, but they are steps in the right direction. The Earth's fossil fuel budget is a finite amount, no matter how you stretch it. One day it will be done. The fact that our entire global technological infrastructure is based on a proven finite resource means there is an eventual expiration date on our industrialized society, unless some alternative source is found"- anonymous