Word: ethanol
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Dates: during 2000-2009
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Renewable energy has got more interesting since Woertz, an executive at Chevron, was named CEO of Archer Daniels Midland Co. (ADM), a $36 billion agricultural processor. The move suggests that ADM--which turns grains and oil seeds into syrups, flour, feed and other products--sees ethanol and biodiesel as bigger parts of its future. Indeed, last month Woertz announced "robust" investment plans for its ethanol business. "Whether it's food, feed or fuel, I think there are great opportunities to expand across our portfolio," she says. So, what about running the largest woman-led company in the U.S.? Her focus...
...been with Mexico, first in the creation of NAFTA and then when Washington bailed the country out after its financial crash in 1994. Paying attention to Brazil would involve offering an attractive trade agreement that would grant freer access to the U.S. market for Brazilian steel, shoes, orange juice, ethanol and other products that currently face import barriers. The costs for the U.S. economy would be relatively minimal. For Brazil, such a deal would stimulate exports, drive investment and lift the economy...
...below 1990 levels and last year established an alternative energies division. It?s investing big money - $8 billion over the next decade - on renewable fuels, such as wind and solar power. Just last week, BP announced a partnership with DuPont to develop and commercialize advanced biofuels (superior to ethanol), starting next year. Even if you?re being gouged at the pump, as you might suspect, BP at least seems to be putting its profits to good...
...carried the headline: THE UN-HILLARY. And while Gore was basking in solar-drenched adulation at Cannes, Clinton was presenting her own energy plan in an hourlong wonkathon at the National Press Club in Washington. As Clinton showed her command of the intricacies of carbon-dioxide sequestration and cellulosic ethanol, it was impossible not to wonder whether the two of them might once again be crowding onto the same turf. Maureen Dowd wrote in the New York Times: "Al Gore must want to punch Hillary Clinton right through the hole in the ozone layer." Gore, however, took pains to tamp...
...recognize there are limits to how much corn can be used for ethanol. I mean, after all, we got to eat some." GEORGE W. BUSH, U.S. President, hedging his commitment to corn-based ethanol fuels...