Is hemp ethanol cheaper than gasoline?
Is hemp ethanol cheaper than gasoline?
Share
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
wavess
Hemp ethanol would cost much less to the consumer than what regular gasoline currently costs. I can’t give you an exact number, but it would be much more cost-efficient for us.
However, producing hemp ethanol is where you start to run into problems, potentially high-cost issues. Because hemp ethanol is not produced at anywhere near the same rate as gasoline, it currently costs more to produce. As another commenter mentioned, research is ongoing regarding how to make hemp ethanol more available and accessible.
Seymour Simone
It would be if it were widely available. However, research is still ongoing about how to increase the biofuel’s availability and efficiency. Biofuel is the future, so it’s interesting to see how they develop. I would invest in companies that are researching new ways to promote biofuels.
HempGuru
Yes, hemp ethanol is a lot cheaper and cleaner to use, very safe for the environment. Ethanol from hemp is truly amazing coming from such a plant.
amanda.tolar
Yep–on average hemp biofuel would cost around 1/5 of what gasoline does. On top of that, it’s a renewable resource with very minimal, if any, environmental impact (arguably, it’s GOOD for the environment). So it’s “cheaper” in terms of negative affects on the environment, as well.