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6 comments on Cramer's Mad Money (CNBC) Talks "Unconventional Carbons" with the Head of EnCana

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Anonymous on August 23, 2005 - 10:06pm Permalink | Subthread | Comments top
Hmm, in the same program he ranted on about how corn is the new oil (re:ethanol production) and how ADM was a buy because they mused about making plastics out of corn.  Nuts

  • corn ethanol production uses roughly as much energy in inputs to produce and process  as ethanol output.  I was under the impression that only cellulose-derived ethanol has an economically favourable net energy ratio.

  • re: corn based plastics: As far as I know Cargill has most of the patents and marketshare around corn based plastics.

So I take what he's says re:oil and most other stuff with a gigantic grain of salt.
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step back on August 23, 2005 - 10:30pm Permalink | Subthread | Parent | Comments top
This morning on CSPAN they had a couple of EROI professors get up in front of the corn growers association to explain something that took a lot of guts in front of that crowd: why net output for ethanol does not produce a positive EROI when you consider all inputs. The corn growers had a lacky on the panel who refused to account for all inputs. In the end, it comes down to the "science" of accounting. Ah accounting one thing and you accounting another. :-)
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Anonymous on August 24, 2005 - 4:52pm Permalink | Subthread | Parent | Comments top
Should use hemp instead. lots of easy cellulose there. Its also an oilseed crop. I think this plant is #1 to save our sorry asses.
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