The first section is a bit dry (ooh, the drink related hints in complement to my headline abound), but then it does arrive at matters environmental.
And the author makes the very same point that I have being banging on about (if in a slightly different way), that high oil prices are not a 'good thing' for carbon emission reduction, because all that's going to happen (and already is) is the oil companies look around for other places and ways to hoik the stuff out of the ground.
His solution is ethanol, hence my title.
I have always maintained an idealist view of the whole thing, and would love to see hydrogen being 'the one', with no more than water dropping out the exhausts, so long as the small matter of making it envirofectively can be sorted out, plus the small niggle caused by my reading once that water vapour was also a greenhouse 'gas'.
But as it is a looooong way off, I'm coming round to this way of thinking. Read this and maybe you will, too. It's not a cure, but it seems a practical way to reduce emissions, though I still wonder about swathes of country being mown down to 'grow' petrol, which as a matter of scale seems likely to put in the shade the whole valid vegetarian point about the amount of land required to grow crops vs. a cow in terms of feeding a person. How many acres of the Amazon to the gallon do you get?
Now, what do we do about it? For a start there's a bit to note about tariffs to bring ethanol up to a parity cost with four star and/or protect our local farmers.
So we have to get the pols weaned off the notion of pleasing pressure groups and making dosh. Not an encouraging thought to start on present evidence.
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