xcel

Just when we thought you could grow petrol by the acre . . .

PRESIDENT BUSH doesn?t like all that funny foreign stuff. I mean oil, of course. Which is why he signed into law the Energy Policy Act of 2005. It demanded a doubling of the amount of ethanol and biodiesel in the American fuel supply by 2012. One source of ethanol is corn (another is sugar cane), which, given its evocation of the American plains, could hardly be a more patriotic substitute. ?Every time we use a home-grown fuel,? President Bush announced exactly a year ago, ?we?re going to be helping our farmers, and at the same time be less dependent on foreign sources of energy.? Another powerful figure also eyed the gold dust in the cornfields: Bill Gates?s investment company poured $84 million (?45 million) into Pacific Ethanol to build a number of plants.

Just when we thought you could grow petrol by the acre . . .
xcel, Jul 31, 2006
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