Are Biofuels Still Economically Feasible?
thefickler writes "With falling gas prices, and the end of capitalism as we know it (otherwise known as the credit crisis), the
biofuels industry is not looking as viable as it once was. Indeed biofuel production has fallen well short of expectations, with biofuel companies closing down or reducing production capacity. It appears that the industry's only hope is government support."
We fight wars and support insurrections world wide to secure for ourselves and our posterity: crude oil.
This crude oil is then piped for millions of miles through inhospitable climates and unfriendly countries (more war and strife-support) and/or shipped through often-dangerous shipping routes (piracy, weather).
This crude oil is then refined into fuels and petrochemicals which are then re-shipped.
Petrochemicals end up in China where they are made into plastic garbage for whiny brats at walmart...after even more shipping.
Every step of this process requires siphoning some capacity to fuel the process (fuel for ships, trucks, pumps, refineries, factories).
Alt.fuels will shine like a diamond in a goats ass soon enough. The companies that make lay the groundwork now (or better yet, in the 90's) will be the winners.
THL phish sticks