Explore Your Possibilities: EPA biofuels guidelines could spur production of ethanol from corn

Thursday, February 04, 2010

EPA biofuels guidelines could spur production of ethanol from corn - washingtonpost.com

...the president's push for new offshore drilling, his budget's tripling of loan guarantees for nuclear power plants, and his repeated use of the phrase "clean coal," which the coal industry uses as shorthand for still unproven and uneconomic technologies that could limit carbon-dioxide emissions from coal-burning power plants.
For this year, Congress had set a target of 100 million gallons of ethanol made from cellulosic raw materials such as switchgrass, corn cobs or wood chips. But the EPA said Wednesday that cellulosic production will amount to 6.5 million gallons, equal to a few pilot projects.
"The thing that makes me happy is that we finally have an accounting tool. It's not perfect, but it will get better over time," said Nathanael Greene, director of renewable-energy policy at the Natural Resources Defense Council.

Let's leave decision to market economy !