Already reeling from the negative publicity from Time, a new problem emerges from the corn ethanol dilemma. The Competitive Enterprise Institute warns that aside from global warming and food shortage issues, the production of ethanol will also contribute to another environmental bugaboo... deforestation. If production is to be increased, that means land will have to be sacrificed. Which means forests will have to be chopped down to accommodate new farmland. This is even worse for corn, which has a nasty habit of sucking up nutrients in the land. Either way, it looks bad for the fuel. –Stephen Payne, Editor, Oil and Gas Investor This Week; spayne@hartenergy.com
Recommended Reading
Phillips 66’s Brouhaha with Activist Investor Elliott Gets Testy
2025-03-05 - Mark E. Lashier, Phillips 66 chairman and CEO, said Elliott Investment Management’s proposals have devolved into a “series of attacks” after the firm proposed seven candidates for the company’s board of directors.
CPP Wants to Invest Another $12.5B into Oil, Gas
2025-03-26 - The Canada Pension Plan’s CPP Investments is looking for more oil and gas stories—in addition to renewable and other energies.
Buying Time: Continuation Funds Easing Private Equity Exits
2025-01-31 - An emerging option to extend portfolio company deadlines is gaining momentum, eclipsing go-public strategies or M&A.
Pinnacle Midstream Execs Form Energy Spectrum-Backed Renegade
2025-02-03 - Renegade Infrastructure, led by Permian-centric Pinnacle Midstream developers Drew Ward and Jason Tanous, have received a capital commitment from Energy Spectrum Partners.
BKV Appoints Dilanka Seimon to New Chief Commercial Officer Position
2025-04-03 - BKV Corp. has created a new chief commercial officer position and placed industry veteran Dilanka Seimon in the role.