The case against advanced biofuels grows stronger
Fuel Fix:
Reporter's notebook: Do we still need advanced biofuels?The original push for biofuels was originally based on the perception of scarcity of fossil fuels. That contention is no longer valid. I see no case for making people buy something they do not want or need.
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Tyner estimates cellulosic ethanol will not become economic - on a pure market basis - until crude rises above $120 a barrel. And, as he points out, "You can buy oil on the futures market out to 2025 for less than $75."
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