Posted on 04/09/2012 5:33:26 PM PDT by Mechanicos
Steven Sterin thinks he has a better way. As president of the advanced fuels division at Dallas-based chemicals company Celanese, hes supervising construction of two new plantsone in Texas, the other in Chinato make ethanol. But you wont see any vats fermenting corn here. Celanese makes its ethanol by tearing apart and recombining the hydrocarbons found in plentiful natural gas or coal.
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The problem isnt science. Its Washington. Thanks to the 2007 Renewable Fuel Standard law, gasoline refiners are mandated to blend so much plant-based or renewable ethanol into the gas supply that it prevents Celanese or any other fossil-fuel-based ethanols from even competing for the market
(Excerpt) Read more at forbes.com ...
I condone the use of government assets for American purposes.
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