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Year 2030.
Imagine yourself driving in a hydrogen fueled electric hybrid car. Your home, offices and factories are powered by a combination of wind and wave turbines, hydroelectric and solar cells. By then, oil shall be used for lubrication and other minor needs. Who will need ethanol? Perhaps, it may be used for health and medical purposes. For a glimpse of the future go to:
http://www.nrel.gov/hydrogen/proj_wind_hydrogen_animation.html
http://automobiles.honda.com/future-cars/fcx-concept.aspx
http://www.gm.com/explore/technology/news/2006/sequel_091206.jsp
Making ethanol fuel from corn is like one walking on a tightrope on a balance. So many factors and processes are involved. Among these are land, fertilizer, seeds, weather, pests, cost of production and the supply and demand factors. Unlike other fuel sources, which are abundant and even free like the sun, wind and water, you start with preparation of the land, seeding, nurturing the plant, harvesting and the production processes. Along the way, anything can happen that may affect the supply. The worst-case scenario might be that there will be no corn supply at all.
Considering such predicament, it is better to invest on the fuels of the future- hydrogen fuel cells, solar cells and the likes. I have sold all my Verasun Energy stocks (VSE) for a start.
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