A recent post on the
National Corn Growers Association blog
"Corn Commentary" is
causing quite a stir in the bio-fuels world:
When a two year-old throws a temper tantrum because he cannot have a
pet unicorn, it can seem confusing, annoying or possibly endearing. No
matter which gut reaction a parent has, they universally understand the
need to explain the concept of “nonexistent.” When the Environmental
Protection Agency continually demands the impossible, why are they
treated any differently?
The issue is simple. The updated version of the Renewable Fuel
Standard mandates usage of 250 million gallons of cellulosic ethanol
this year and 500 million gallons by 2012. As of June 2011, zero
gallons of qualifying cellulosic ethanol were produced. The target is, under current conditions, an impossible demand.
It is a demand based on promises. Much as parents may tell stories
about unicorns and fairies, some players in the ethanol and
environmental industries pushed a product which they were not prepared
to deliver. In both scenarios, optimism created a beautiful vision of a
world that does not exist. Once the story was sold, neither party
could meet the unrealistic expectation that they had created.
The blog post created such a stir in the bio-fuels world that it was later taken down and is now only available via google cache.
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