If you’ve read this site for more any length of time, you probably know where I stand on ag-based ethanol: Firmly against propping up the industry with government my money. In the latest development Jeff Broin (via The Daily Republic) is, understandably, leaving out a bit of information in his support for increasing the commonly available blend from 10% to 15%:
America has a real opportunity to create more than 130,000 new jobs and pump billions of dollars into our economy at no cost to taxpayers.
So we will not have to increase any of those subsidies for ethanol that you talked about with Forbes? That was about $4 billion or so per year, if I recall correctly.
Continuing from the article:
America would reap significant environmental benefits from the change. Ethanol produced from corn reduces greenhouse gas emissions by as much as 59 percent over gasoline, according to University of Nebraska, Lincoln, researchers. Producers over a recent fiveyear period increased ethanol production per bushel of corn while reducing the energy consumed in production by more than 20 percent and water use by more than 25 percent, thanks to technological breakthroughs that continue today.
Does this percentage include the greenhouse gas emissions which are produced by the ag equipment necessary to prep, plant, tend, and harvest the corn? After all, that is part overall emissions package–and should be included in the total if one is to provide a, shall we say, corn to corn comparison.