Another example that change is best driven when it comes from the private sector. America needs more people like this to wean it off its dependence on oil.
http://money.cnn.com/2006/09/22/news/economy/ethanol/index.htm?postversion=2006092212
Famed venture capitalist, Sun Microsystems co-founder and ethanol investor Vinod Khosla outlined four steps he said would help the country use more of the plant-derived fuel.
Specifically, he called for a government mandate that 70 percent of all cars sold in the U.S. be flex-fuel - which is having the ability to run on gas, ethanol or other alcohol-based fuels - by 2014, and that 10 percent of all major-branded gas stations in the U.S. sell E85, a fuel that contains 85 percent ethanol.
In related news, crude dropped below $63 today.
02 October 2006
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