This is why we need to ban corn-based ethanol. It’s wreaking havoc with food prices everywhere. (Edit: Link dead.) (Farmers switch from food to field corn for ethanol, perhaps?) Why are we bothering with another liquid? I believe the way to go is solar electricity farms in the southwest, and an electricity backbone to get it to the northeast where it tends to be used.
Liquid fuel is harder to transport, and requires burning of fuel to transport. What’s so bad about electric cars? We saw from the EV1 that the auto industry certainly has the technology. Electricity is the way to go. It can be completely carbon-neutral in the way it’s generated, it’s easy to transport, and it can power far more than what we use it for today.
EDIT: Time Magazine has an article on this. It’s amazing what the will of giant industries can do. The automobile servicing, repair, and creation industries, along with the oil industry, all don’t want electric cars to happen, because if it did happen, they’d be out of business. Electric cars are too good of a solution for them, because it cuts them out of the loop. What would mechanics do if we all used electric cars? No oil or oil filters to change – their most common service would most likely become rotating tires. The oil industry would be reduced to making plastics.