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Weather clouds future of biofuels
New York (UPI) Jul 1, 2008 U.S. energy experts say recent storms and flooding highlight the risk of the nation's increasing reliance on corn for fuel. The cost of filling U.S. gas tanks could soon be influenced "as much by hail in Iowa as by the bombing of an oil pipeline in Nigeria," The New York Times reported Tuesday. "We are holding ourselves hostage to the weather," ethanol expert John M. Reilly of the Massachusetts Institute of Technology told the newspaper. "Agricultural markets are subject to wide variability and big price spikes, just like oil markets." Biofuel supporters said the government mandate requiring oil companies to blend ethanol into motor fuel can be suspended in an emergency, while the Renewable Fuels Association said only two out of 160 U.S. ethanol refineries were shut down by recent storms. Community Email This Article Comment On This Article Share This Article With Planet Earth
Related Links Powering The World in the 21st Century at Energy-Daily.com
Japan Airlines plans biofuel test flight
Tokyo (AFP) June 23, 2008Japan Airlines (JAL) said Monday that it will join a project by US aircraft maker Boeing to test biofuel for commercial airplanes as part of efforts to cope with soaring jet fuel costs. |
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