Wednesday, February 07, 2007
Biofuels Are a Bust
You still think biofuels are going to keep the car culture going? You got another think coming. Biofuels have a net energy loss. In other words, the US would be far better off just using petroleum products directly in vehicles than using them as inputs to produce biofuels. A few people are making a lot of money because biofuels are subsidized, but this is only making the problem worse.