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Earl Aagaard’s opinions about everything that interests him. Og also enjoys gardening, travel, reading, woodbutchery, and lots of other stuff.

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WELL, IF *THIS* IS TRUE, OUR PROBLEMS WITH THE MIDDLE EAST MAY BE TIME-LIMITED

We have a problem in the Middle East, mostly because we’re dependent on that region for our liquid fuels.  The money we pay is used, in part, to fund aggressive actions against us and our interests in many parts of the world.  If we could find a substitute for about 15% of our petroleum needs, we might very well see the decline of prices, of influence by radical regimes, and of violent actions in many parts of the world. 

Some have pinned their hopes on ethanol made from corn, but that’s not terribly efficient, and it runs up corn prices besides…thus hurting some of the world’s really poor people.  What can we do?

Here’s some good news…..

Today at the North American International Auto Show, GM announced it has taken a non-controlling equity interest in biology-based renewable energy firm Coskata Inc. The greater-Chicago-based company simultaneously announced that it has developed a proprietary process for converting renewable carbon-rich materials ranging from cornstalks and woodchips to old tires and city trash into clean-burning ethanol at a cost of roughly $1/gallon. A pilot operation will be up and running at Coskata’s R&D headquarters in Warrenville, IL by the end of January, 2008, and a 40,000-gallon commercial demonstration facility under construction at an as yet undisclosed location will go online by the end of the year.

I know what some will say—this is the equivalent of “vaporware”* in the computer field….the announcement of software that will solve all your problems, although the actual product always ends up half as fast, twice as expensive, and it does about 20% of what was promised. 

And maybe that’s what is going on here.  But, GM is investing heavily - you can READ ABOUT IT HERE, and make up your own mind.

*IS it “vaporware”....?  My mind is a sieve—maybe “dreamware”?  “pie-in-the-sky-ware”?  Sheesh! 

Posted by .(JavaScript must be enabled to view this email address) on 01/20 at 07:00 PM

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