Both state and federal support is critical to building a real ethanol industry. Real action is needed, and the 150 million per year President Bush promised is wholly insufficient.
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You're not going to save the world this way. People are doing it at their discretion.Dan Kammen
Oil futures are based on people's fears. It's almost exactly similar to the stock market. We buy oil on the futures market. So if you look out in the future, you have to say, is it likely that Iran will have a conflict
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It is better to use various inputs to grow corn and make ethanol and use that in your cars than it is to use the gasoline and fossil fuels directly.
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This is the tragedy of the commons because there is no clear winner.
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