Word: ethanol
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...billion Amount allotted by Governor Rod Blagojevich of Illinois for a plan to substitute oil with homegrown energy products like corn-based ethanol...
...sure have. Kinky is a down-to-earth guy, an intelligent guy, an entertainer. He's open to new ideas, and he's really talking a lot about biodiesel and ethanol. And that's exactly what we need to keep us from going around the world starting wars over oil. And as far as being a good Governor, how hard can it be? But just about everybody I've campaigned for has lost. I don't know why they keep calling...
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...