Monday, May 8, 2006

Green Drunk (on Ethanol)

I realize Mark Green is now the sole Republican candidate running for the governorship of Wisconsin this November but in regards to his stance on the ethanol mandate which he supports perhaps he would care to respond to this article …

“The fuel, renewable and more environmentally friendly than gasoline, is already being used as a gas additive, replacing another additive that was found to pollute groundwater. The result: a squeeze on supplies that has doubled ethanol's wholesale price, to $2.75 a gallon, about what gasoline costs at wholesale. With corn prices low and gas prices high, ethanol's profit margin per gallon is at a record of more than $1”

“What of the promise of ethanol replacing gas? Don't count on it. General Motors Corp. (GM ) and Ford Motor Co. (F ) have made a push this year to promote vehicles that can run on gas or E85, a fuel that's 85% ethanol and 15% gasoline. But E85 gets worse mileage than gas, a problem if ethanol is costlier. And right now there are only about 600 E85 pumps nationwide”