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corn ethanol is plain stupid email this discussion to a friend?

myLot reputation of 86/100. maxsee212 (462)   ranked 3 out of 30 in investing5 months ago

personally i don't corn ethanol because it uses a lot of enery to produce a gallon of fuel ethanol. it takes gallons of water for a gallon of ethanol. some economists blamae ethanol for the inflation on food prices. i believe that ethanol have a big effect on food prices because farmers divert their crops into planting corn for ethanol and that decreases the supply for other agricultural crops. plain economics states that the more demand and lesser supply creates food inflation prices.

 
 
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tags:  economics, ethanol
 
1. myLot reputation of 90/100. rpegan (525)   5 months ago

Do you have a solution for the gas prices? One that has absolutely no side effects?

The government pays farmers not to plant crops on their land every year. It's not a problem of supply since the government is deliberately keeping some crops off the market by paying farmers not to grow them.


myLot reputation of 77/100. tdemex (403)  5 months ago

If thats what you think then why are they IMPORTING tons and tons of corn from Mexico? This is driving up the prices of corn tortillas almost double, and causing major problems in all of Latin America! Check it out! Please. tdemex

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2. myLot reputation of 77/100. tdemex (403)   5 months ago

I agree with you 100% when they came up with this idea, like it was the new savior for fuel, I had to laugh. Brazil has been doing it for 15 yrs. and they went through the same thing! So what did they do they learned a way to do it from simple prairre grass now they've been using that for years. I can't understand why our GREAT leaders didn't see this comming or mabe they didn't care! tdemex


myLot reputation of 86/100. maxsee212 (462)   ranked 3 out of 30 in investing  5 months ago

i don't understand what ur talking about brazil. i like brazil because instead of planting corn for their ethanol, they instead plant sugar cane for their ethanol and also for their sugar needs. i like cane ethanol because it is more productive than corn ethanol. i have read that it is 7 time more productive than corn ethanol. brazil has an advantage when it comes to cane ethanol because they have a warm, rainy weather.


myLot reputation of 77/100. tdemex (403)  5 months ago

Yes Yes I agree, my point is we don't grow sugar cane in the USA, but brazil can make it from prairre grass and we have millions of acres of that, why didn't the USA go to Brazil and learn to do it that way? Instead of not listening to all the people that were predicting that this was going to happen!

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