Can ethanol save us from oil addiction?

George Bush hopes that ethanol is the 'silver bullet' to end America's oil addiction. But even if this is too optimistic, alternative energy is an investment story that just won't go away...

In his State of the Union address, George W Bush said that he wished that America could end its oil addiction; his plan is to cut US consumption of Middle-Eastern oil by 75% by 2025.

He went on to say, that "by applying the talent and technology of America, this country can dramatically improve our environment, move beyond a petroleum-based economy and make our dependence on Middle-Eastern oil a thing of the past".

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