Is low-cost ethanol around the corner?
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With the price of gasoline going up, the price of ethanol may be coming down: A new process may lead to low-cost ethanol in the near future.
Courtesy swankslot
Right now, ethanol is expensive to make; the only reason it is priced competitively with gasoline is because the government subsidizes it with tax dollars. General Motors is partnering with Coskata, a biofuel company, to create low-cost ethanol. The new process uses micro-organisms to turn just about any carbon-based material into ethanol, including switchgrass and agricultural waste. Not only will this make ethanol cheaper, but it will also reduce the use of grains to make ethanol when they could be used to make food.
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