Bill Richardson Supports Ethanol

Question: Is ethanol overhyped?

Bill Richardson:

No. And I don’t say this just because ethanol is important in Iowa. There are some problems with ethanol, whether it’s corn-based or cellulosic. There’s some water and environmental issues. But it is far superior to fossil fuels, to oil, and to petroleum as a renewable fuel. My point is that there’s a whole range of new investments, and I favor them over oil, coal, and nuclear. I think oil, coal, and nuclear and our entire dependence on fossil fuel – 65 percent of the imported oil – is extremely unhealthy. So I put emphasis on a whole range of new sources – solar, wind, bio mass, bio fuels, bio diesels, distributed generation, fuel cells, ethanol, hydrogen – I think nuclear power has to be an option, but I don’t believe it should get the advantages it gets today with subsidies and tax incentives that the renewables don’t get which are much more promising. I also believe you need to mandate fuel efficiency standards by 50 percent by the year 2020. The auto companies and the Congress wanna go to 30, 35. I think that’s pretty pathetic. I think we need an energy revolution in this country. And I’ll also conclude with this. I’ll ask the American people to sacrifice a little bit when it comes to energy consumption, their appliances, mass transit, air conditioning. I wanna ask everybody to wear a sweater. But I do believe that we need to recognize that being so dependent on fossil fuels is unhealthy. And having such a large amount of greenhouse gases in our atmosphere, I would reduce them by 80 percent by the year 2040, 40 percent by the year 2020 with a cap and trade system that is also good for the economy, for the environment, creates green jobs when you’re retrofitting homes. I just believe that America’s trade deficit, one-third of it is because we’re paying close to $100 per barrel of oil. And so we need to shift to cleaner sources. That would be one of the cornerstones of my first year as President.

Recorded on: 11/20/07


The former presidential candidate says Americans are ready to sacrifice.

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

Getty Images
Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

Keep reading Show less

Think you’re bad at math? You may suffer from ‘math trauma’

Even some teachers suffer from anxiety about math.

Image credit: Getty Images
Mind & Brain

I teach people how to teach math, and I've been working in this field for 30 years. Across those decades, I've met many people who suffer from varying degrees of math trauma – a form of debilitating mental shutdown when it comes to doing mathematics.

Keep reading Show less

A world map of Virgin Mary apparitions

She met mere mortals with and without the Vatican's approval.

Strange Maps
  • For centuries, the Virgin Mary has appeared to the faithful, requesting devotion and promising comfort.
  • These maps show the geography of Marian apparitions – the handful approved by the Vatican, and many others.
  • Historically, Europe is where most apparitions have been reported, but the U.S. is pretty fertile ground too.
Keep reading Show less

How KGB founder Iron Felix justified terror and mass executions

The legacy of Felix Dzerzhinsky, who led Soviet secret police in the "Red Terror," still confounds Russia.

Getty Images
Politics & Current Affairs
  • Felix Dzerzhinsky led the Cheka, Soviet Union's first secret police.
  • The Cheka was infamous for executing thousands during the Red Terror of 1918.
  • The Cheka later became the KGB, the spy organization where Russia's President Putin served for years.
Keep reading Show less