If you really want to make ethanol more profitable for everyone, use a source of cellulose that contains more than corn. Research Industrial Hemp. It's 77% cellulose. Ethanol yields per acre per annum from various feedstock's. Based on average yields per acre according to Bio Gas Company LTD of New Zealand.
Yields in litres per acre
Apples 600-1000
Potatoes 1200-1500
Willow Tree (salix) 1300-1700
Corn 1300-1800
Sugar Beet 1700-2100
Sorghum Cane 2100-2400
Maize 1750-2500
Hemp (BGC) 6000-10000
Based on average yields per acre.
This chart does not contain the large range of difficulty and widespread issues that some of these feedstock's require for processing.
Hemp is also used for fabrics, auto parts, all sort of high quality paper products as well as food for both human and cattle consumption. As you can see from the chart above Hemp produces up to 10,000 litres /acre compared to only 1,500 maximum for corn. That is over 6 times more fuel than from Corn per acre.
There are 28 million acres of agricultural land in California, of which 10 million acres are established cropland. If 10% of this cropland (1 million acres) were dedicated to production of hemp as an energy and fiber crop, we could produce 150-500 million gallons of ethanol per year.