Governor Kulongoski Welcomes Pacific Ethanol to Oregon

This was just announced in October, 2007.

Now some are having
second thoughts. Why fellow Democrat Rep. Jane Harman, D-Calif., said, “Our enthusiasm for corn ethanol deserves a second look. That’s all I’m saying, a second look.”

You’re darn right it deserves a second look.

“Corn ethanol was presented as an almost Holy Grail solution,” said Rep. Mike Doyle, D-Pa. “But I believe its negatives today far outweigh its benefits. … We need to revisit this … and back away from the food to fuel policy.”

Update:

Maybe Bill Gates has seen the light:

Microsoft Corp. chairman
Bill Gates’s
investment arm sold 1.1 million shares of Pacific Ethanol Inc.’s stock from April 21 to May 2, according to a document filed with the Securities and Exchange Commission Wednesday.

Oh, my! Isn’t that an awful looking chart:

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