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CONTINUATION: Bush Hails Ethanol, but Is It Really Viable? ; ALTERNATIVE ENERGY

The Independent (London, England), March 5, 2007 | Article details

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CONTINUATION: Bush Hails Ethanol, but Is It Really Viable? ; ALTERNATIVE ENERGY


day rival oil as a global commodity. The expected creation of an "Opec for ethanol" replicating the cartel of major oil producers has spurred frenzied investment in biofuels across the Americas.

But a growing number of economists, scientists and environmentalists are calling for a "time out" and warning that the headlong rush into massive ethanol production is creating more problems than it is solving.

To its advocates, ethanol, which can be made from corn, barley, wheat, sugar cane or beet is a green panacea - a clean-burning, renewable energy source that will see us switch from dwindling oil wells to boundless fields of crops to satisfy our energy needs. …

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