Is E85 (Ethanol) Just A Red Herring?

James from the Alternative Energy Blog recently wrote an article claiming that ethanol (or, more accurately, E85) is actually a distraction from important technologies like plug-in hybrids and EVs, which actually show promise in reducing CO2 emissions and reducing reliance on oil. He says: "E85 fuel is not the solution. It is not even a part of the solution, it is a part of the problem." He goes on to explain why ethanol will only lead to a continuation of our dependence on oil. The article was inspired by an email exchange with the Engineer Poet. :: Alternative Energy Blog via Auto Blog Green