Im in the energy business.
I am not a cap and trader, nor am I an environmentalist. Read what I wrote again.
I support creating fuel from our own sources with our own two hands and our own labor.
If we did away with subsidies (do you support the 50 yrs of farm subsidies?), ethanol fuel would be cheap as opposed to fossil oil. As fossil oil costs would sky rocket.
Our food is far too cheap in comparison to CPI increases over the last 5 or 6 decades, due largely to subsidies (and farming technology betterments).
Our oil is also far too cheap.
Our economy cannot recover until we get back to economic fundamentalism. Our economy is subsidized with cheap/free money, the same as our food.
I say burn ethanol. Its a product that is competitive in a truly free market; one where we aren’t subsidizing our lives away to big Ag and big Oil interests, the latter with the largest tax breaks of any industry in history, the former with direct payments of our tax dollars.
Once gas hits 5 or 6 bucks, ethanol is very competitive without tax credits.
Don’t try to impose an envirnmentalist moniker on me and try to think your posts through before slapping labels on your fellow freepers.
Our oil is also far too cheap.
Our economy cannot recover until we get back to economic fundamentalism.
LOLOLOL!
"Economic fundamentalism" indeed! You don't care for the fundamental market forces which have resulted in cheaper food and fuel, so which "fundamentalism" were you talking about?
The market is giving you cheap food and cheap fuel, which is to you a Bad Thing, apparently. You arbitrarily declare that both are "too cheap". Because the pathetically inefficient alternatives to petroleum and other fossil fuels cannot compete, it must be that they are "too cheap!"
Yeah, that's the ticket!
Is it possible, in your universe, that solar power, wind power, ethanol production, etc. are too inefficient and too expensive?
You conflict yourself with your own words.
How can you say “Its a product that is competitive in a truly free market” with a straight face? There is no way it is competitive. It survives solely with government mandates and subsidies.
How dare I “Don’t try to impose an envirnmentalist moniker on me”? Reread my own post.
When someone spouts garbage such as “regardless of costs”. yes, I will always assume that they are people creating problems in our society.
Take care in your words you use.
By the way, I am a petroleum engineer.
In all my years on FR, you're the first person to get the relationship between farm subsidies and cheap food.
I'm not saying food is too cheap, I don't think it is, but it is cheap because the farm subsidies have really been a 'cheap foo for consumers' program.