Word: ethanol
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Dates: during 2000-2009
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...order that states vote in from cycle to cycle, ensuring that every state has an opportunity to be early, yet the candidates have enough time to make their case to each. Iowans have undoubtedly benefited from their position in the schedule—their favorite political issues, such as ethanol subsidies, have received special attention; campaigns have flooded their economy with spending; and many have had the opportunity to see several of the candidates in person. Voters in states with later primaries, on the other hand, receive none of these benefits. Montana and South Dakota have their primaries on June...
...environmentalists, that's the risk. Oil has spiked in the past, prompting a wave of investment in alternative energy that crashed as soon as petroleum prices dropped. Transitioning from fossil fuels to clean power will be a long, fraught process, and investors - whether they're pushing ethanol, hybrids or something new - need long-term certainty that they won't be undercut by old, dirty fuels dipping down to cheaper prices again. "That risk [of volatility] makes consumers and investors alike very reluctant to bank on high prices," says Greene. It doesn't make sense to spend hundreds of millions...
...What is the most viable solution to our dependence on fossil fuels? -John Hall, Minot, N.D.If there were one quick move, I would get rid of the importation duty on sugar. All cars and buses in America could be run on sugar-based ethanol-it is seven times more efficient to produce than corn-based ethanol. Interestingly, American cars used to run on ethanol. It was only when Prohibition came in, and people became concerned that car owners would drink petrol, that dirty oil replaced...
...ethanol craze helps fertilizer makers...
...range of clean-tech sectors, with a particular focus on biofuel start-ups such as Range Fuels, which is close to commercializing biofuel out of agricultural residue like wood chips, rather than food crops. Nothing has paid off big for him yet - in fact, prices for corn-based ethanol, which Khosla has also invested in, crashed in 2007, largely due to overproduction. But Khosla, who sees corn as a stepping stone to superior cellulosic ethanol, is undaunted. "This is a great market with great fundamentals," he says...