Pros And Cons Of Ethanol And Fossil Fuels
81% of our energy comes from fossil fuels to run our cars, fly planes, and heat our homes. According to research by The Global Education Project, the world is consuming more fossil fuels then we are discovering. Since fossil fuels are a nonrenewable resource, if we run out of fossil fuels than there will be no more to use. What would happen if we ran out of fossil fuels? Ethanol is a renewable fuel source made from crops like corn and other plant materials. Ethanol is also called “flex fuel” and is used in gasoline for cars. Ethanol can be used in cars and would minimize the dependence on fossil fuels and reduce greenhouse emissions.
Reduces the consumption of petroleum fuels (fossil fuel)
Less expensive energy source that every country has
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This bill has influenced modern environmental bills as well.
See also Renewable Fuel Standard policy explained on previous page
In 2006, Americans spent over 921 billion dollars on fossil fuels. In 2007, America spent over 360 billion dollars importing fossil fuels. With unstable Middle Eastern countries, America eventually has to pay more for fossil fuels. What if there was an energy that was less expensive and could benefit the economy?
A recent study from Louisiana State University found that ethanol reduces gas prices 78 cents a gallon, which is saving consumers over 100 billion dollars annually. In just 2015, the ethanol industry created over 400,000 new jobs across the country. Also, ethanol production contributed nearly 44 billion dollars to the nation's GDP and generated about 4.8 billion dollars in tax revenue but also added 30.2 billion dollars in household income as well. Ethanol also paid 8.7 billion in federal, state, and local taxes. Not to mention it displaced 527 million barrels of imported oil (throwback to energy dependence) which saved the United States nearly 26 billion dollars. In 2016, the ethanol industry added 43,000 jobs here in Iowa and accounted for 4.6 billion of Iowa’s GDP. Ethanol also helped Iowans generate over 2 billion dollars in income for Iowa households. For more than a decade, the ethanol industry has created new jobs, stabilized our economy, and provided safer fuels for
Pros And Cons Of Hydraulic Fracturing
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A Brief Note On Texas Update Production And Consumption
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Alberta's Economic Benefits Of Changing Over To Ethanol Fuel
788 Words | 4 PagesLooking at the difference of ethanol fuel and gasoline, the benefits of ethanol fuel by far outweigh gasoline. With ethanol fuel being made from biomass the amount of greenhouse gas emissions is greatly reduced from those of gasoline emissions. This is allowed to happen because when ethanol fuel is burned, it is burned in almost complete combustion making the emissions much more clear and less harmful to the environment. With a reduction of greenhouse gas emissions the benefits to the environment are huge. Our economy would be allowed to spend less money on environmental factors and more for the people.
Mitt Romney's Views On Energy In The United States
555 Words | 3 PagesHe wanted them to come back to the United States. Oil, gas, coal, nuclear, and other energy sources, he thought needed to be controlled independently by the nation itself. By saying that energy should come back the US, he also pointed out that there would be more US jobs available, which was a strong point on his end. Romney also acknowledged the rise in gasoline prices, and pointed out that he supported ethanol subsidies. Ethanol
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ECO Conservation Report
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What Are The Pros And Cons Of Fracking Essay
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Persuasive Essay On Green Energy
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The Argument Of Which Ideology Is Better For American Society
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Fossil Fuels Disadvantages
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Pros And Cons Of Alternative Energy Sources
1161 Words | 5 PagesAlmost none of the fuel sources that we could use provide Co2 or other pollutants. Economic values could also come from renewable energy. Most of the Energy projects are located away from big cities. These benefits could bring local service as well as tourism. Although the pros are very big there are some cons.
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