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Friday, July 15, 2005

Energy Fuels News on the Web...

Experts Reject Bush Rationale for Corn-Based Ethanol
In a speech at a biodiesel refinery in Virginia last week, President Bush touted the economic and environmental benefits of corn-based ethanol. Scientific evidence, however, contradicts the Administration's claims that increasing ethanol production would reduce America's dependence on foreign oil in an environmentally sound manner. "The ethanol production process consumes more fossil fuel energy than ethanol's actual calorific value," says University of California civil and environmental engineering professor Tad Patzek, who spent two years studying the environmental impacts of ethanol. "The energy cost of restoring the environmental damage caused by corn-based ethanol production takes seven times more energy than the amount of energy obtained from the ethanol itself," Patzek told BushGreenwatch.

MOSCOW, June 2 (RIA Novosti) - To privatize oil and gas industry and...
To privatize oil and gas industry and remove whatever available limitations of overseas capital participation in the fuel and energy complex is what the Russian economy presently needs, Andrei Illarionov, ...

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