Just to weigh in on MTBE (and help get to 6 Billion posts, of course): I am not convinced that MTBE is as all-fired poisonous as some would have it, but I don’t like the stuff at all. A few years ago I was, on behalf of my clients, an early investor in a large methanol producer that also built MTBE conversion plants, mostly by converting then-useless ammonia plants.
I read enough about the bad reactions of some (it appeared to provoke an immediate and violent allergic reaction in apx. .5% of people who got a good whiff at the pump) and the unique ability this big-ol molecule to osmos through just about anything at a quick rate that I got nervous. Once the stuff got in widespread use, I further learned that the actual effects it has on emissions are, well, negligible is too strong a word, but limited. I concluded that, at least for purposes of my clients’ conservative investment philosophy, a sale was warranted. (Full disclosure: the investment had made a lot of money, probably about as much as was reasonable to expect, and I might have sold it anyway)
I don’t believe that the limited benefit of its use justifies its continued inclusion in gasoline formulae, even if the groundwater contamination stories are overblown. But Akat’s point, I believe, is correct. The present storm seems to have been brewed by some of the same people who wanted an oxygenating alternative to ethanol in the first place (along with the ADM guys who have been crying all along). If they want to really reduce automobile emission levels, they’d sell their 20-year old cars and get a current model, which is about 90% less emissive. But that would require them to do something, as opposed to requiring everybody else to do something.
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