Why Wal-Mart wants to sell ethanol

[RamboLiberal]

http://money.cnn.com/2006/08/08/news/companies/pluggedin_gunther.fortune/index.htm?cnn=yes

More than 5 million vehicles on U.S. roads today can run on ethanol - a renewable fuel that comes from corn - as well as gasoline. General Motors (Charts), Ford (Charts) and DaimlerChrysler (Charts) recently announced plans to double their annual production of so-called flex fuel vehicles to two million cars and trucks by 2010.

It's the single largest commitment to renewable fuels in the history of the auto industry - a good move for the automakers, and for the planet, too.

That's because running cars and trucks on E85, a blend of 85 percent ethanol and 15 percent gasoline, could turn out to be a cost-effective way to reduce the carbon emissions that cause global warming and curb our dependence on imported oil.

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Several reasons. First, selling ethanol could be a new profit center for Wal-Mart, since the retailing business is wide-open. It's also a way for the company to help its customers save money; the less money they pour into the tank, they more they have to spend at Wal-Mart.

Finally, Wal-Mart's interest in alternative fuels like ethanol comes as part of its sweeping efforts to adopt business practices that are better for the environment. To guide its efforts, Wal-Mart has organized more than a dozen "sustainable value networks" that are composed of suppliers, environmentalists, industry experts and government officials.

[Broadslidin]

1. For wal-mart, An Excellent Strategy For Forcing Up The Cost Of Food......

Once again,
wal-mart's business con game of displaying
a highly price discounted product
in a position of "First Eye Contact",

giving the ragged wal-mart lemmings the impression,
wal-mart's pricing, merchandise, and wonderful service
are the best to be found in today's corporation controlled U.S.

While,
wal-mart's most valued associate,
a Sly Communist China continues to bank-roll for the moment,
the fantasies
of a debt ridden shell of an imperial U.S. federal government.

[krkaufman]

2. Plus, it'll leave more gas for their main supplier, China. n/t

[mad-mommy]

3. food or gas, what's more important?

well thankfully someone is doing something. Too bad we have to wait until 2010. Right now the question of the week, food or gas, what's more important?