What if the E3 plant works as promised? What if orange peel and wood ethanol plants work, using waste matter?
What if crop yields improve (they have been at 2 percent annually for a long time). In fact, farm inputs per output have been shrinking for generations. Why expect different going forward, if the crop is ethanol? It is true, we may develop an ethanol lobby which will be invincible. Farmers have proven themsleves the No. 1 pigs at the federal trough. They make welfare queens look like a bunch of smalltime sissies. But the need for liquid fuel may justify even such dubious ethanol industry.