IS ETHANOL THE ANSWER TO THE BIO FUEL MANDATE?

submitted by Read More About it on 06/10/15 1

Los Angeles, CA. The Full Disclosure NetworkT (FDN) presents a six minute Internet Video preview, on demand, 24/7, with former California Secretary of State Bill Jones, founder and chairman of the board of Pacific Ethanol Corporation. The entire interview is scheduled to be shown on 43 cable systems as a public service of FDN. Bill Jones covered the following issues: What are the reasons for shifting to Ethanol instead of gasoline made from fossil fuels? Ban on MTBE the gasoline oxygenate because of ground water pollution Federal Government, Bush Administration moving away from dependence on foreign oil Ethanol is a renewable fuel, made from corn, more readily available than fossil fuels California's dairy industry uses corn, logistics for distilling ethanol in the state are good What pressures have generated political support for Ethanol as an alternative fuel? Environmental demands to reduce hydrocarbons Public outrage at gasoline pump prices Infrastructure for process/delivery of Ethanol already in place Desire to create more employment and increase tax revenue Will government maintain support for Bio Fuel incentives? Crisis management does cause shift in focus but conditions appear favorable The U.S. is currently producing 4.5 billion gallons Ethanol annually We need7.5 billion gallons annually and are importing the difference from Brazil Growing need for less dependence for foreign oil from Iran, Iraq, Venezuela Open market for Ethanol

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