Friday, November 9, 2007

Prospects for Biofuels

I will be first one to admit that I am extremely skeptical of the ability of ethanol, especially corn based ethanol, to have any meaningful impact on energy consumption. Other biofuels could be a different ball game. Here is a great article making the case that biofuels will play a major role in reshaping energy usage and energy markets.

Hat Tip (HT) to Arnold Kling.

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