Algae based biofuel

Using corn for biofuel is raising the price of corn. Corn farmers are happy and will plant more of it. Wheat and soybeans will likely go up in price since farmers will plant less of them and more corn. Animal feed will be more expensive so the price of meat will rise. If you eat bread and meat, the cost of your food will rise. Hopefully "algae into biofuel" will save my food budget.
 
Using corn for biofuel is raising the price of corn. Corn farmers are happy and will plant more of it. Wheat and soybeans will likely go up in price since farmers will plant less of them and more corn. Animal feed will be more expensive so the price of meat will rise. If you eat bread and meat, the cost of your food will rise.
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Yes, I've heard the same.

This is why I think it is wrong to have government subsidies.

It artificially affects non-related markets.
 
I like the algae idea.

The corn based ethanol thing is screwing over a bunch of poor mexicans. Tortilla prices have gone way up. (seriously... i know it sounds like a bad joke but it's true)
 
I am sure the "poor Mexicans" can get some bread instead of the corn based Tortillas. There are always going to be trade offs. Ethanol is not the answer though... there is NO WAY in hell we can produce enough of it to power even a decent fraction of cars.
 
I doubt they will grow anymore corn, this is coming from a farmer boy who grew up in Nebraska, and I can remember for years when corn would just sit on the ground and rot because they did not have enough storage space for what was grown already. As technology increase so does the yield per acre, so farmers can get more out of less land. This will in-turn actually drive prices down because there will be an abundance of product.

What will really help is if we just built more refineries, whether for oil or corn-based fuels, the more refineries, the more production, lower the cost.
 
I am sure the "poor Mexicans" can get some bread instead of the corn based Tortillas. There are always going to be trade offs. Ethanol is not the answer though... there is NO WAY in hell we can produce enough of it to power even a decent fraction of cars.

That's an incorrect statement.

Most of the pumps in the country already pump 10% ethanol. That's a decent fraction right there, and that's just using current sources. Production will go way up with technological advances, like this algae thing.

Cost effectiveness and net energy output are the real issues to overcome with ethanol production, and it looks like these issues are being addressed in multiple ways at the moment.
 
And just why would an oil company want to reduce cost at the pump?


I guess I still have this hoping that the CEO's of those oil companies are still human...but that thought fades away more and more everyday.

But the same thinking goes towards ethanol production, plus we would use most of our own grown corn, cause I can not seriously see us importing corn to change to fuel! lol
 
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