| on Feb 18, 2008, 12:03 PM E.S.T.
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Page 1 of 2
With gas prices approaching $4 a gallon and industries searching for
new ways to reduce carbon dioxide emissions, biofuels – fuels such as
ethanol derived from corn and other plant sources rather than petroleum
– are becoming an increasingly attractive option to help mitigate the
impacts of climat e change and reduce our oil imports.
The promise of powering our cars exclusively
with green energy from plants prompted President Bush to ask Congress
recently for $225 million for biofuels research – a 19 percent increase
over this year's federal spending level. And it brought more than 300
scientists and business leaders from around the nation to a meeting
here recently hosted by the University of California San Diego to
discuss new ways of producing ethanol from plants and other promising
avenues of biofuels research.
Everyone seems to be touting the benefits of
biofuels these days: Midwestern farmers, environmentalists, state and
federal legislators, Gov. Arnold Schwarzenegger, business leaders,
venture capitalists and university scientists. But can corn-based
ethanol – the primary focus of current biofuels efforts – deliver what
we need to accomplish? And are the promises of biofuels more hype than
real?
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