| Subject: Re: Brought to you courtesy of Arthur Daniel Midland. We |
Author:
Oropan
|
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Date Posted: 05:36:48 11/10/06 Fri
In reply to:
Curmudgeon
's message, "Brought to you courtesy of Arthur Daniel Midland. We" on 16:31:53 11/09/06 Thu
I'm sure ADM will be the next 'Big' corporation for leftists to hate.
Anyway, the future of ethanol is cellulosic ethanol. You can make ethanol from many sources of waste. Check out a company called Sunopta (STKL) for info on this. They are working on pilot plants here in the US and in China and Spain. The idea we are going to become energy independent on corn ethanol is just a econut pipe dream.
>haven't enough arable land to grow enough corn to make
>a significant difference. That, and the energy
>inefficiency of the seed to gas tank process, make
>ethanol a huge boondoggle, IMHO.
>
>>...now if they can just keep tariffs on Brazilian
>>ethanol for another five-seven years and add enough
>>grid capacity in the plains states to transport all
>>those wind powered mega-watts, those prospects might
>>pan out.
>>
>>>And the profits keep rolling in.
>>>
>>>US Ethanol Industry on Pace for 20+% Growth in Annual
>>>Production
>>>8 November 2006
>>>
>>>According to data provided by the Renewable Fuels
>>>Association, US ethanol production is currently
>>>averaging nearly 4.7 billion gallons a year, a 20.5%
>>>increase from the 3.9 billion gallons produced in
>>2005.
>>>
>>>In August, US producers averaged 329,000 barrels per
>>>day (bpd)—a record for daily production average and
>an
>>>increase of 69,000 bpd from August 2005. Demand for
>>>ethanol remained strong, averaging 385,000 bpd in
>>>August, approaching the record demand set back in
>>>June. Stocks and imports of ethanol also rose in
>>>August to 384.7 million gallons and 133.2 million
>>>gallons respectively.
>>>
>>>Currently, 106 ethanol biorefineries nationwide have
>>>the capacity to produce more than 5 billion gallons
>>>annually. There are 48 ethanol refineries and 7
>>>expansions under construction with a combined annual
>>>capacity of more than 3.5 billion gallons.
>>>
>>>Among recent major plant developments are:
>>>
>>> *
>>>
>>> E3 BioFuels announced it will begin production
>>>in December 2006 at Mead, Nebraska, as the first-ever
>>>closed-loop system for distilling commercial
>>>quantities of ethanol using methane gas recaptured
>>>from cow manure, instead of fossil fuels. This
>>>virtually eliminates the need for fossil fuels in the
>>>production of ethanol.
>>>
>>> In addition to breaking ground on its
>>>100-million gallon plant in Hereford Texas, Panda
>>>Ethanol announced plans for an additional 100-million
>>>gallon plants in Lincoln County, Nebraska and
>>>Muleshoe, Texas. Panda will fuel its six announced
>>>ethanol plants by gasifying cow manure (earlier
>>>post)—the Muleshoe plant will use 1 billion pounds of
>>>cow manure per year, as an example. On 7 November,
>>>Panda went public via a reverse merger with Cirracor.
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