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A H
IGH
G
ROWTH
S
TRATEGY FOR
E
THANOL
The Report ofan Aspen Institute Policy Dialogue
David W. Monsma, Rapporteur John A. Riggs, Program Executive Director
PROGRAM ON ENERGY, THE ENVIRONMENT, AND THE ECONOMY
 
For additional copies ofthis report,please contact:The Aspen InstitutePublications Office109 Houghton Lab LaneP.O.Box 222Queenstown,MD 21658Phone:(410) 820-5326Fax:(410) 827-9174E-mail:publications@aspeninstitute.orgWeb:www.aspeninst.org/EEEFor all other inquiries,please contact:The Aspen InstituteProgram on Energy,the Environment,and the Economy One Dupont Circle,NWSuite 700Washington,DC 20036-1193Telephone:(202) 736-5857 Fax:(202) 467-0790E-mail:katrin.thomas@aspeninst.orgWeb:www.aspeninstitute.org/EEEThe Aspen InstituteOne Dupont Circle,NWSuite 700Washington,DC 20036-1193Published in the United States ofAmerica in 2006By The Aspen InstituteAll rights reservedPrinted in the United States ofAmerica06-013ISBN:0-89843-453-X
 
Table ofContents 
Foreword . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .v A High Growth Strategy for EthanolIntroduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1Challenges and Opportunities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3The Potential ofEthanol . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5Recommendations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8AppendicesA.“Cellulosic Ethanol in an Oil andCarbon Constrained World” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21by W.Michael Griffin and Lester B.LaveB.“Impacts ofCellulosic Ethanol on the Farm Economy” . . . . . . . .31by Bruce E.DaleC.“Ethanol and the Environment:Delivering on thePromise ofa Sustainable Biofuel” . . . . . . . . . . . . . . . . . . . . . . . . .43by Nathanael GreeneD.“Biotechnology for Biofuels Production” . . . . . . . . . . . . . . . . . . .55by Richard HamiltonE.“Commercialization ofCellulosic Ethanol Facilities:A Financial Perspective” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .61by Roy TorkelsonF.“Ethanol:Lessons from Brazil” . . . . . . . . . . . . . . . . . . . . . . . . . . . .67by David SandalowList ofParticipants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .75Selected Aspen Institute Publications . . . . . . . . . . . . . . . . . . . . . . . . . . . . .79
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