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What Strategies Europe Uses To Lower Ethanol Cost ?

Ethanol is a flammable, volatile colorless liquid extracted from biomass and by-products of petrol refining. It has extensive industrial uses as a solvent in flavorings, colorings, medicines and perfumes. It has long been used as a fuel for heating and lighting and in internal combustion engines.

Using a blend of ethanol with gasoline yields many pollutants which produces far more ground level ozone. Ethanol is said to create 2.14 times the amount of ozone as gasoline exhaust. The result is 1.7 times the amount of smog-generation when compared with gasoline.

Notwithstanding such alarming statistics, there is a global move towards increasing use of ethanol to reduce the dependency on fossil fuels.

The European Union has announced that it intends to replace 10 percent of its transport fuel with biofuels by 2020. The United States is already on track to exceed Congress’s 2005 goal of doubling the amount of ethanol used in motor fuels to 7.5 billion gallons by 2012.

The consumption of bioethanol is largest in Europe in Germany, Sweden, France and Spain. Europe produces equivalent to 90 percent of its consumption (2006).

To promote the production of bioethanol, the European Union is looking at tax concessions as a viable bridge in the difference between production costs in comparison to conventional fuel. A tax instrument by way of a reduction in excise tax is considered the most feasible way to go.

The EU is viewing one of its newest members, Bulgaria, as a fertile area in which to promote the cultivation of agricultural crops for production of biofuels. In 2005, out of the total agricultural land available in Bulgaria, 19 percent of the available land was lying unused or fallow.

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What Strategies Europe Uses To Lower Ethanol Cost ?

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Where-Can-I-Get-Gas-Without-Ethanol      Ethanol is a flammable, volatile colorless liquid extracted from biomass and by-products of petrol refining. It has extensive industrial uses as a solvent in flavorings, colorings, medicines and perfumes. It has long been used as a fuel for heating and lighting and in internal combustion engines. A little known fact is that Henry Ford designed the Model T initially to run on ethanol only. More..

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