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The Great Ethanol Scam

theodp writes "Over at BusinessWeek, Ed Wallace is creating quite a stir, reporting that not only is ethanol proving to be a dud as a fuel substitute, but there is increasing evidence that it is destroying engines in large numbers. Before lobbyists convince the government to increase the allowable amount of ethanol in fuel to 15%, Wallace suggests it's time to look at ethanol's effect on smog, fuel efficiency, global warming emissions, and food prices. Wallace concedes there will be some winners if the government moves the ethanol mandate to 15% — auto mechanics, for whom he says it will be the dawn of a new golden age."

3 of 894 comments (clear)

  1. Don't blame me, by Ethanol-fueled · · Score: 5, Funny

    I just like to drink boooze!

  2. Re:Sounds like a crock ... by Killer+Orca · · Score: 5, Funny

    but having thousands of annoyed customers even more pissed off because of the fine print makes little long term economic sense.

    Long term economic sense, something that every U.S. automaker has since when now?

  3. Re:Ethanol is just stupid by Miseph · · Score: 5, Funny

    Solution: move to Somalia. Government free since '92.

    Best of luck.

    --
    Try not to take me more seriously than I take myself.