Ethanol is garbage. The net benefit doesn't outweigh the net cost. People are throwing their lawnmowers away every year because the gas can't sit over winter without collecting water. The hoses dry and crack because they weren't made for alcohol. Car fuel economy plummets. It has 1/3 less energy as gasoline. It displaces food crops.
Sure, if this were Brazil I'd be all about ethanol, but this isn't Brazil, and we don't grow cane sugar.
If burning ethanol were better, then law wouldn't have to mandate it. Instead we'd all just be burning it because it's better. Whenever a law compels an otherwise free market, you have to be very skeptical about what the real reason for the law was, because it sure doesn't have consumers best interest in mind.
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