May 04, 2010
Ethanol’s Future is Bright
A recent op-ed from MN 2020 entitled "Beyond Corn Ethanol" alleged that “the ethanol boom is over” and that “policies to further the corn ethanol industry should not be supported." The op-ed triggered a response from American Coalition for Ethanol (ACE) member and President & CEO of Fagen Inc., Ron Fagen who says the editorial's claims are false and that his words were twisted and taken out of context to justify the editorialist’s opinion about corn ethanol.
Fagan says, "it is not accurate – in fact, it is downright misleading – to suggest corn ethanol has no future. Today, ethanol-blended fuel is the most affordable and clean-burning alternative to gasoline. And more importantly, unlike some other promising alternative fuels, we don’t have to wait for more ethanol because it is here now as the only commercially viable substitute to fossil fuels. In fact, this year U.S. ethanol producers will rank as our nation’s third largest supplier of fuel on a gasoline-equivalent basis, behind only Canada and Saudi Arabia, and ahead of Venezuela."
To Read Fagen's op-ed click here.
