Today in Biofuels Opinion: “Cellulosic ethanol can’t compete with gasoline unless oil stays above $90 a barrel.”

Tom Buis, CEO of Growth Energy:  “Today’s record breaking estimates of this year’s corn and soybean harvest are proof of what the ethanol industry has been saying from the start: the theory of indirect land use change is flawed and not based on the facts.  Based on these reports, it’s silly to still think that the demand for corn in the U.S. to make ethanol would displace land used to plant soybeans and in turn cause deforestation in other parts of the world.”

Keith Johnson in the Wall Street Journal: “How feasible is the idea of producing 90 billion gallons of ethanol per year in 2030—enough to displace well over one-third of U.S. gasoline consumption—and keep it affordable? That’s what Sandia National Laboratories set out to answer. The upshot? There are no theoretical barriers, but a host of practical ones, the laboratory found in a study soon to be published in Bioresource Technology. Basically, cellulosic ethanol can’t compete with gasoline unless oil stays above $90 a barrel.”

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