The U.S. Environmental Protection Agency is about to approve 15% ethanol blends in motor fuels (most gas today has 10%).
Good for the environment? Bad? It depends?
Read the story at:
The Wall Street Journal
Here's a story from the New York Times in 2008 that addresses both the econ and the environmental effects of biofuels (thanks to Gina at env-econ for the link). Gotta love it when a basic understanding of economics helps you see unintended consequences.
Aside: There's only one gas station here in Wilmington where you can buy non-ethanol gasoline... does anyone know where it is?