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Bill USA

(6,436 posts)
Wed Aug 13, 2014, 06:17 PM Aug 2014

Record Corn, Soybean harvest expected this year. Corn price $5.15/bu has fallen 39% since July 2012


Corn is lower than it was in Jan 2008 ... $5.25 per bushel.

http://online.wsj.com/articles/u-s-corn-production-to-jump-to-record-usda-predicts-1407860083



Ethanol producers supplied 13.3 billion gallons of ethanol in 2013 & expect to supply comparable quantity in 2014.

http://www.ethanolrfa.org/page/-/rfa-association-site/Resource%20Center/2014%20Pocket%20Guide%20to%20Ethanol.pdf



[font size="4"]26 million Priuses needed to achieve Ethanol’s current GHG emissions reduction[/font]

Ethanol currently represents approximately 10% of our light vehicle fuel supply. With GHG reductions of 34% (Argonne National Laboratory - 2012) Ethanol, at 10% of the fuel supply, in total produces a 3.38% reduction in the GHG emissions of the entire Light Vehicle fleet. So how many Toyota Priuses would it take to achieve that much of a GHG emissions reduction? We must convert the 3.38% GHG emissions to an equivalent number of cars and light trucks. To do this we apply Ethanol’s aggregate GHG emissions reduction (i.e. as a percentage of the GHG emissions for the entire fleet) to the total number of vehicles comprising the entire fleet of automobiles and light trucks, or 250 million vehicles. Thus, 3.38% of 250 million vehicles would be approximately 8.4 million vehicles. Since the Prius reduces gasoline consumption about 32.6% compared to a Toyota Corolla (a vehicle of comparable weight and payload), dividing 8.4 million vehicles by .326 gives you slightly more than 25.7 million Priuses which would be required to produce the same amount of GHG emissions reduction as Ethanol currently does, for the entire light vehicle fleet.


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