- Not Clearly Pro or Con to the question "Can Alternative Energy Effectively Replace Fossil Fuels?"
“With clean burning ethanol blended into 70% of the nation’s gasoline, domestic ethanol production has reduced America’s dependence on foreign oil by over 400,000 barrels a day. Several independent analyses have recently concluded the use of ethanol in the U.S. is saving consumers between $0.25 and $0.50 a gallon.
The production and use of 6.5 billion gallons of domestic ethanol in 2007 reduced oil imports by 228 million barrels, saving $16 billion of taxpayer dollars.
These increases in tax revenues and savings in federal program payments and oil imports totals more than $30 billion. That compares to the $3.4 billion that oil companies received for blending ethanol in 2007.
By a factor of nearly 10, the investment in America’s ethanol industry is producing economic and energy security benefits that are unmatched by any other renewable fuel technology today.
Addressing the energy and economic challenges facing this nation is a serious challenge. Eliminating the tax incentives for renewable fuels like ethanol would set this country back in its quest to create new jobs, economic opportunity, and energy security.”
“Ethanol in the Presidential Campaign,” www.southwestfarmpress.com, Oct. 17, 2008
“Southwest Farm Press offers in-depth coverage of the varied, highly productive agriculture of the soutwestern states. Editorial encompasses production, management, research and legislative/regulatory issues affecting growers of key cotton, wheat, grain sorghum, rice, peanuts, pecans, soybeans, corn and vegetable/citrus crops and includes features on the region’s producers and agribusiness news.”
“About the Magazine,” www.southwestfarmpress.com (accessed July 7, 2009)
“Southwest Farm Press provides growers and agribusiness with in-depth coverage of the region’s major crops plus the legislative, environmental and regulatory issues that affect their businesses.”
“About the Publication,” www.southwestfarmpress.com (accessed July 7, 2009)
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