Energy Secretary Doesn’t See Future for Ethanol, After Billions in Subsidies | CNSnews.com: "(CNSNews.com) - 'Ethanol is not an ideal transportation fuel,' Energy Secretary Stephen Chu told a gathering at the National Press Club in Washington on Monday.
Chu said the Energy Department 'is much more focused on developing new, commercially-viable transportation technologies -– biomass and sugar, for example -– to make gasoline, diesel and jet fuel. Those won't require changing the transportation infrastructure, including pipelines.'
Ethanol, a gasoline additive, has received billions of dollars in federal subsidies, as Politico reported on Tuesday."
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