By Leftlane Staff
Monday, May 1st, 2006 @ 10:41 am

With gas prices at an all-time high and growing concern over the future availability of foreign oil, there has been a renewed interest in ethanol as a potential fuel source. But BusinessWeek columnist Ed Wallace says embracing ethanol is “not such a good idea.” He describes the history of ethanol in three “acts” that began with ‘Project Independence’ in 1974. Wallace describes ethanol as an “inefficient fuel” that “creates less energy than is required to make it.” Mr. Wallace’s column was first published late last week, and has since been updated with a “Note from the Author” responding to criticisms. See the full story here.

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