Ashok Gulati has delivered a sharp critique of India's rice-to-ethanol policy, questioning the economics of diverting rice to ethanol plants when the government's economic cost is far higher than the transfer price. His argument: if India wants to cut crude imports, maise is a better ethanol feedstock than water-intensive rice. Show more Show less
Rice for ethanol? Ashok Gulati calls out ‘massive inefficiency’
Ashok Gulati has delivered a sharp critique of India's rice-to-ethanol policy, questioning the economics of diverting rice to ethanol plants when the government's economic cost is far higher than the transfer price. His argument: if India wants to cut crude imports, maise is a better ethanol feedstock than water-intensive rice.
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