Tuesday, July 1, 2008

Ethanol Plants Taking Big Hits, Shutting Down

Wow. I didn't see this one coming. The price of grains are going through the roof because of massive flooding in the Midwest. This in turn is causing ethanol production plants to literally shut down and go bankrupt. Ethanol plants to be built will remain on the drawing board and probably never will come to fruition. This isn't a told you so moment, but it is a moment for reflection. We need to think on a deeper level about what happens when we use fertile land to grow food to put gas in our cars. We also need to think about other ways to move us away from our insatiable thirst of Middle Eastern oil. Is that cellulosic ethanol or fuel from our municipal waste? Necessity is the mother of all invention, right?

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