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Sunday, May 25, 2008 10:44:43 PM
My apology if I confused anyone with the “potential” residing here with BLDV and its biodiesel situation with Belize.
The issue is not that we must come up with alternatives to fossil fuels because we are running out of oil. The issue is actually one word… GREED.
We have plenty of oil in reserves (and throughout the world), but due to greed, the prices have continued to rise. It’s really much deeper than what I would want to go into on a message board, but it’s all about how the rich gets richer and the poor gets poorer. It’s all about the “have’s” versus the “have nots” within the societies of controlling the oil prices. So far, GREED has always prevailed.
Biofuels simply provides an alternative to combat that greed.
I think what one must do is to look at the biofuels potential through the eyes of the Belize government and the Belize people and not through the eyes of America in being an American.
The benefits from the selling of fossil fuels does absolutely nothing for the people of Belize and its government as that is not where their resources are drawn from. It does more for Saudi Arabia and their people versus Belize and their people.
The existence of fossil fuels doesn’t and won’t bring the type of jobs and wealth to the people of Belize and the Belize government as will the operational affects from being a primary supplier of biofuels. I can see Belize maybe eventually transforming into a little Saudi Arabia as for existing on the wealth side of the house with not so much of the other political attachments that exist with Saudi Arabia by Belize becoming a major supplier of biofuels.
Below is an awesome report that was posted by Stocksgonewild to show how the US government is planning on utilizing the use of alternative fuels in a very large way:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29534825
Here’s what was so important about that report:
http://www.fapri.missouri.edu/outreach/publications/2008/FAPRI_MU_Report_01_08.pdf
The “Energy Independence and Security Act (EISA) of 2007” was approved by Congress and signed into law by the President in December 2007. The Act makes wide ranging changes in energy legislation, including the establishment of new mandates for the use of biofuels. Provisions of the Act will be incorporated in the next set of baseline projections prepared by the Food and Agricultural Policy Research Institute (FAPRI).
This report provides a snapshot of estimated impacts of selected provisions of EISA on biofuel and agricultural markets. The point of departure for the analysis is the set of baseline projections prepared in early 2007 that FAPRI has used to examine farm bill alternatives. The analysis focuses on just two provisions of the legislation:
1) changes in the renewable fuel standard that suggest 15 billion gallons of corn based ethanol should be utilized by 2015, and
2) a new mandate to use one billion gallons of biomass based diesel by 2012.
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v/r
Sterling
Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29867262
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