Some people claim that the price of ethanol will be the same as that of gasoline and that it will be 30% less efficient, but we will have to see how much E85 costs for the same number of kilometres. Perhaps people will drive less to save money, but if they put less money in the gas tank it will be better for the environment. What we really need to know is the price of E85.
On February 25th, 2008. See this statement in context.