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We can do anything?
I agree that the can-do American attitude early in the article is hubris - it's pretty arrogant to think we can create the volumes of biofuels politicians seem to want.
But I'm not sure I buy the logic of the Cato folks as to why ethanol won't rise to the challenge. Cellulosic seem to have good promise. It's not here today, but it looks like it's on its way.
Thank the can-do Americans!