The ethanol plant we focused on would definitely still have that problem, since any decrease in the market
price for ethanol could make it optimal to idle the plant.
The pump
price for ethanol is roughly half that of gasoline.
Not exact matches
When former U.S. vice-president Al Gore said last fall that his earlier enthusiasm
for corn - based
ethanol production in the United States was a mistake, he was conceding something that had long been obvious: the practice of diverting food crops to biofuels has contributed to food shortages and driven up
prices for staples across the globe.
A proposal to reduce the amount of
ethanol in gas could mean big changes
for gas
prices and grocery bills.
I have been nibbling on this stock
for the past few months as it too had a difficult 2015 with falling commodity
prices hurting
ethanol sales, along with a strong dollar and weakened overseas economies reducing demand
for ADM products.
«The uses
for corn in
ethanol production coupled with drought conditions throughout the Midwest growing regions have led to dramatic
price increases affecting everything from prepared foods to animal feed
for our dairy and meat products,» he states.
The explanation
for the hefty
price of free - range eggs has something to do with the dynamics of increased corn production
for ethanol and the resulting decrease in production of other less expensive feed.
When
ethanol prices at the pump rise
for whatever reason, it becomes economically advantageous
for drivers of dual - fuel vehicles to fill up with gasoline.
However, the health of the entire population pays a high
price: substitution of gasoline
for ethanol leads to a 30 % increase in the atmospheric concentration of ultrafine particulate matter, which consists of particles with a diameter of less than 50 nanometers (nm).
Farmers make the fuel by chemically treating corn kernels to isolate the sugars and then feeding the sugars to yeast, which digests them and secretes
ethanol.Not only do the corn husks and stalks go to waste, but
ethanol production has driven up the
price of the corn that is used
for food by reducing its availability.
«
Ethanol made from miscanthus would need a much smaller carbon price to make it desirable to produce and for consumers to purchase as compared to ethanol from switchgrass and corn
Ethanol made from miscanthus would need a much smaller carbon
price to make it desirable to produce and
for consumers to purchase as compared to
ethanol from switchgrass and corn
ethanol from switchgrass and corn stover.
Khanna says that a
price on carbon would be one way to equalize the cost of using gasoline and
ethanol for consumers when filling up their tank.
Using corn to produce
ethanol has driven up food
prices in recent years, and converting forests and other areas into farmland to grow more corn
for biofuels may well negate
ethanol's improved greenhouse gas emissions (GHG).
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Ethanol V8 5.3 L / 323 engine have lots of pep
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price.
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Pricing is
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Comfortable but easy - moving, its tried - and - true Automatic transmission and its dependable Gas /
Ethanol V8 5.4 L / 330 engine have lots of pep
for a value
price.
This should provide an incentive
for shifting to a new generation of fuels like cellulosic
ethanol that will reduce concerns about food
prices and the environment.
I saw your support
for cellulosic
ethanol, but no statement on the logic (or lack thereof) of the United States diverting some 40 percent of its corn crop to fuel while world grain
prices soar.
Renewable - fuel standard — Congress laid the foundation
for this strange - bedfellow debate in 2013, and next year could bring more substantive action, depending on whether gasoline
prices go up and how that affects
ethanol prices.
Cruz creditably withstood the perennial temptation — among Republicans and Democrats alike — to bow down to Big Corn and the federal mandate
for ethanol that has been such a boon to Iowa corn farmers and bane if you care about food
prices, greenhouse gas emissions, herbicide use or the loss of wild vegetation in the Midwest that is an important food source
for monarchs and habitat
for other wildlife.
To the «hatchet job» inference (# 177), I listened with my ears and nobody else's to the May 6th «Fresh Air» interview, when Gore moved from an
ethanol / food
price debate, to his joke about some minister's absurd believe that Katrina was New Orleans» punishment
for a gay pride parade, to his clear inference that Myanmar and, previously, Bangladesh, are part of an emerging consensus that the trend towards more Category 5 and stronger storms appears to be linked to AGW, specifically the heating of the upper oceans, driving convection energy, etc..
The
ethanol program has already raised corn
prices, making it hard
for poor consumers of corn to eat.
Remember the huge role
ethanol and other biofuels are playing in competing
for food crops, boosting
price rises.
We have noted previously that demand
for ethanol feedstocks has driven up the
price of beer in Germany, tortillas in Mexico and pasta in Italy; Yesterday the Italians demonstrated that they have had enought of high
prices and went on strike.Consumer
You then take that
ethanol and burn it into an internal combustion engine that is maybe 20 - 30 % efficient, and you end up with a tremendous amount of wasted energy... And you've used up farmland that could instead have grown food
for human consumption, increasing food
prices by reducing supply.
Ethanol makers experienced improved financial performance because of changes out of their control - as in the case of natural gas
prices falling drastically in response to increased fracking
for natural gas production - but lost money because of increased corn
prices caused by escalating Chinese grain demand.
If I produced corn
ethanol, and the
price of oil went up, I'd charge a lot more
for my
ethanol to maximize profitability while my competitor's
prices were high, which, in a nutshell is why
ethanol does little to protect consumers from oil
price spikes.
Lester R. Brown, «Exploding U.S. Grain Demand
for Automotive Fuel Threatens World Food Security and Political Stability,» Plan B Update (Washington, DC: Earth Policy Institute, 3 November 2006); Lester R. Brown, «Distillery Demand
for Grain to Fuel Cars Vastly Understated: World May Be Facing Highest Grain
Prices in History,» Plan B Update (Washington, DC: Earth Policy Institute, 4 January 2007); F.O. Licht, World
Ethanol and Biofuels Report, vol.
Third, there can be — indeed, has been — a major impact in the U.S. motor fuels sector, where the market
for biofuels (mainly
ethanol) is negatively affected by low conventional gasoline
prices.
Mandates and subsidies
for fossil - fuel intensive biofuels such as corn - derived
ethanol are so large that eliminating or reducing them would almost certainly do more than a carbon tax to curb these fuels» artificial
price advantage.
As of mid-2007, growth in investment in
ethanol and biodiesel was losing momentum as feedstock
prices rose
for both
ethanol distilleries and biodiesel refineries and as soaring grain
prices sounded alarm bells
for food consumers everywhere.
The illustrious green movement who killed nuclear power in 1970s and brought about global warming by scrubbing shade - producing particulates from smokestacks and tailpipes are now bent on using a ginned up catastrophic climate change scenario to keep the
price of oil elevated in order to keep the profit incentive alive
for stupid expensive alternatives like windmills and
ethanol from corn.
The «market conditions» that these
ethanol producers are referring to is the fact that the average
price of
ethanol has dropped some 30 percent since May, as market subsidies combined with a lack of infrastructure
for its delivery and use have created a surplus of the renewable fuel.
«Excessive
prices for oil and food» to a certain extent the result of policy restrictions on the use of hydrocarbons, the effect of extrusion from the structure of arable food crops through improved crop plants from which
ethanol is produced to replace hydrocarbons as fuel.
Pricing of the 15 - year contract follows a market - based formula structured to capture the premium allowed
for cellulosic
ethanol compared to corn - based
ethanol giving BlueFire a credit worthy contract to support financing of the project.
But that turned out to be not just environmentally destructive but was also arguably responsible
for the spike in food
prices that soon followed, as farmers turned away from cultivating corn
for human consumption to cultivating it
for ethanol production.
VeraSun is referring to what we chronicled yesterday: an
ethanol surplus has caused a drop in
prices, which, combined with a spike in the
price of corn, has created hard times
for ethanol producers.
Throw in more competition
for these same crops due to an increase in
ethanol production and you have a recipe
for higher gas
prices, higher food
prices and even possibly shortages of one, the other, or both.
The report warned that increasing production of liquid biofuels, such as
ethanol and biodiesel, could increase the
price of agricultural commodities with negative economic and social impacts, especially
for the world's poor who spend a large proportion of income on food.
Gary Schnitkey, Darrel Good, and Paul Ellinger, «Crude Oil
Price Variability and Its Impact on Break — Even Corn
Prices,» Farm Business Management, 30 May 2007; 2006 grain used
for ethanol from U.S. Department of Agriculture (USDA), Economic Research Service (ERS), Feed Grains Database, at www.ers.usda.gov, updated 28 September 2007; 2006 grain harvest from USDA, Production, Supply and Distribution, electronic database at www.fas.usda.gov/psdonline, updated 12 September 2007; 2008 ethanol requirement from Renewable Fuels Association, «Ethanol Biorefinery Locations,» at www.ethanolrfa.org, updated 28 September 2007; 2008 grain harvest from Interagency Agricultural Projections Committee, Agricultural Projections to 2016 (Washington, DC: USDA, February
ethanol from U.S. Department of Agriculture (USDA), Economic Research Service (ERS), Feed Grains Database, at www.ers.usda.gov, updated 28 September 2007; 2006 grain harvest from USDA, Production, Supply and Distribution, electronic database at www.fas.usda.gov/psdonline, updated 12 September 2007; 2008
ethanol requirement from Renewable Fuels Association, «Ethanol Biorefinery Locations,» at www.ethanolrfa.org, updated 28 September 2007; 2008 grain harvest from Interagency Agricultural Projections Committee, Agricultural Projections to 2016 (Washington, DC: USDA, February
ethanol requirement from Renewable Fuels Association, «
Ethanol Biorefinery Locations,» at www.ethanolrfa.org, updated 28 September 2007; 2008 grain harvest from Interagency Agricultural Projections Committee, Agricultural Projections to 2016 (Washington, DC: USDA, February
Ethanol Biorefinery Locations,» at www.ethanolrfa.org, updated 28 September 2007; 2008 grain harvest from Interagency Agricultural Projections Committee, Agricultural Projections to 2016 (Washington, DC: USDA, February 2007).
Food
prices have also increased dramatically when food crops are used
for ethanol, causing hardship in poor communities.
Yup, and that» 40 % of the corn crop
for ethanol» is the direct reason
for the greatest increase in food
prices in the past 30 years.
It is now clear that the federal corn
ethanol mandate has driven up food
prices, strained agricultural markets, increased competition
for arable land and promoted conversion of uncultivated land to grow crops.
When demand
for corn
ethanol rose, so did corn
prices, as did the acres diverted to corn production.
Iowa State University's Center
for Agricultural and Rural Development (CARD) has just updated its 2009 and 2011 studies of
ethanol's impact on gasoline
prices.
Author Bruce Babcock, an Iowa State University economist, says that even if the mandate were waived immediately, it would be at least three months before a
price change would hit the market because of sustained demand
for ethanol by oil companies.
The list is long and worth many billions (sorry
for caps); — GREENHOUSE GAS ABATEMENT PROGM (Carbon capture)-- NON-RECOVERY OF PUBLIC AGENCY COSTS — PETROLEUM EXPLORATION TAX CONCESSIONS — RESEARCH AND DEVELOPMENT ASSISTANCE — DIRECT SUBSIDIES TO FOSSIL FUEL PROJECTS — DIESEL FUEL REBATE SCHEME — EXEMPTION FROM EXCISE FOR ALTERNATIVE FUELS Ethanol production which is an energy sink)-- CONCESSIONAL RATE OF EXCISE FOR FUEL OIL, — HEATING OIL AND KEROSENE — CONCESSIONAL RATE OF EXCISE FOR AVIATION FUEL — EXCISE FREE STATUS FOR CONDENSATE — SUBSIDISED SUPPLY OF COAL - FIRED ELECTRICITY TO — ALUMINIUM SMELTERS — STATE ENERGY SUPPLY CONCESSIONS — ELECTRICITY PRICING STRUCTURES — SUBSIDIES FOR CENTRALISED GENERAT
for caps); — GREENHOUSE GAS ABATEMENT PROGM (Carbon capture)-- NON-RECOVERY OF PUBLIC AGENCY COSTS — PETROLEUM EXPLORATION TAX CONCESSIONS — RESEARCH AND DEVELOPMENT ASSISTANCE — DIRECT SUBSIDIES TO FOSSIL FUEL PROJECTS — DIESEL FUEL REBATE SCHEME — EXEMPTION FROM EXCISE
FOR ALTERNATIVE FUELS Ethanol production which is an energy sink)-- CONCESSIONAL RATE OF EXCISE FOR FUEL OIL, — HEATING OIL AND KEROSENE — CONCESSIONAL RATE OF EXCISE FOR AVIATION FUEL — EXCISE FREE STATUS FOR CONDENSATE — SUBSIDISED SUPPLY OF COAL - FIRED ELECTRICITY TO — ALUMINIUM SMELTERS — STATE ENERGY SUPPLY CONCESSIONS — ELECTRICITY PRICING STRUCTURES — SUBSIDIES FOR CENTRALISED GENERAT
FOR ALTERNATIVE FUELS
Ethanol production which is an energy sink)-- CONCESSIONAL RATE OF EXCISE
FOR FUEL OIL, — HEATING OIL AND KEROSENE — CONCESSIONAL RATE OF EXCISE FOR AVIATION FUEL — EXCISE FREE STATUS FOR CONDENSATE — SUBSIDISED SUPPLY OF COAL - FIRED ELECTRICITY TO — ALUMINIUM SMELTERS — STATE ENERGY SUPPLY CONCESSIONS — ELECTRICITY PRICING STRUCTURES — SUBSIDIES FOR CENTRALISED GENERAT
FOR FUEL OIL, — HEATING OIL AND KEROSENE — CONCESSIONAL RATE OF EXCISE
FOR AVIATION FUEL — EXCISE FREE STATUS FOR CONDENSATE — SUBSIDISED SUPPLY OF COAL - FIRED ELECTRICITY TO — ALUMINIUM SMELTERS — STATE ENERGY SUPPLY CONCESSIONS — ELECTRICITY PRICING STRUCTURES — SUBSIDIES FOR CENTRALISED GENERAT
FOR AVIATION FUEL — EXCISE FREE STATUS
FOR CONDENSATE — SUBSIDISED SUPPLY OF COAL - FIRED ELECTRICITY TO — ALUMINIUM SMELTERS — STATE ENERGY SUPPLY CONCESSIONS — ELECTRICITY PRICING STRUCTURES — SUBSIDIES FOR CENTRALISED GENERAT
FOR CONDENSATE — SUBSIDISED SUPPLY OF COAL - FIRED ELECTRICITY TO — ALUMINIUM SMELTERS — STATE ENERGY SUPPLY CONCESSIONS — ELECTRICITY
PRICING STRUCTURES — SUBSIDIES
FOR CENTRALISED GENERAT
FOR CENTRALISED GENERATION
Almost all of these projects differ from the
ethanol being blended into the US gasoline supply in that they are made from inedible feedstocks, which sidesteps one of the critiques often leveled at biofuels: that they compete in with crops raised
for people or livestock, driving up food
prices.
Mandating
ethanol and advanced biofuels will lead to higher gasoline
prices for motorists.
note 1; wholesale electricity
price from DOE, Wholesale Market Data, electronic database at www.eia.doe.gov/cneaf/electricity, updated 22 April 2009; Renewable Fuels Association, Homegrown
for the Homeland:
Ethanol Industry Outlook 2005 (Washington, DC: 2005); corn per acre and ethanol per bushel approximated from Allen Baker et al., «Ethanol Reshapes the Corn Market,» Amber Wave
Ethanol Industry Outlook 2005 (Washington, DC: 2005); corn per acre and
ethanol per bushel approximated from Allen Baker et al., «Ethanol Reshapes the Corn Market,» Amber Wave
ethanol per bushel approximated from Allen Baker et al., «
Ethanol Reshapes the Corn Market,» Amber Wave
Ethanol Reshapes the Corn Market,» Amber Waves, vol.