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Saturday, October 30, 2010

postheadericon New reports reinforce need to expand biofuel production

Given the latest news from two government reports, we need to start changing the “drill baby drill” chant to “distill baby distill.” One study, from the Department of Energy’s Oak Ridge National Laboratory recently concluded in a soon-to-be-published paper, that indirect land use change (ILUC) resulting from expanded corn ethanol production over the past decade has likely been “minimal to zero.” A second study by the U.S. Geological Survey (USGS) revised downward by 90 percent oil reserves in the National Petroleum Reserve in Alaska from a 2002 estimate of 10.6 billion barrels to slightly under 900 million barrels today.

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