[taxed2death]

re: post 3

soooooooo the logical thing to do is not to make it out of corn then....right?

“After nearly three decades of work, Brazil has succeeded where much of the industrialized world has failed: It has developed a cost-effective alternative to gasoline. Along with new offshore oil discoveries, that’s a big reason Brazil expects to become energy independent this year.

To see how, take a look at Gildo Ferreira, a 39-year-old real-estate executive, who pulled his VW Fox into a filling station one recent afternoon. Instead of reaching for the gasoline, he spent $29 to fill up his car on ethanol made from sugar cane, an option that’s available at 29,000 gas stations from Rio to the Amazon. A comparable tank of gasoline would have cost him $36. “It’s cheaper and it’s made here in Brazil,” Mr. Ferreira says of ethanol. If the price of oil stays at current levels, he can expect to save about $350 a year. “

http://yaleglobal.yale.edu/display.article?id=6817

[businessprofessor]

The logical thing is to let the market decide. Mandates only lead to boondoggles. When the appropriate biofuel is commercially viable, consumers will demand it.

[thackney]

After nearly three decades of work, Brazil has succeeded where much of the industrialized world has failed: It has developed a cost-effective alternative to gasoline. Along with new offshore oil discoveries, that’s a big reason Brazil expects to become energy independent this year.

Many know the real lesson of Brazil's Energy Independence:

Produce the resources you have.