On Friday, Governor Rick Perry of Texas asked the Bush administration for a partial waiver on the federal requirements for renewable fuels, probably echoing the thoughts of many. Has the push for biofuel production, with its attendant havoc on food prices worldwide, gone too far? Corn-based ethanol production increases the price for corn, which is
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Coskata broke ground today in Madison, Pennsylvania on a $25 million dollar plant that will produce 40,000 gallons of ethanol per year for $1 per gallon. The biotechnology behind the company does not rely on corn. Corn-based biofuel production is being blamed for the current run up in food prices and subsidies for its production |
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