I'd be interesting in learning the complete technical and regulatory story.
The complete one would take volumes. Summary:
- Aircraft engines will run on ethanol fuel, just like a car engine will
- The seals in aircraft engine fuel systems (and aircraft fuel systems) may not hold up to ethanol. Those would require addressing. This requires recertification.
- MoGas does not have the same vapor pressure of 100LL, with or without ethanol. For some engines and some airframes in some conditions, this can result in vapor lock. Addressing this would require a significant if not complete redesign of fuel systems, both aircraft and engine side, along with recertification of both.
- Unlike 100LL, MoGas deteriorates fairly quickly as far as its anti-knock properties are concerned. Put gas in, wait 6 months, you suddenly may not have detonation margin. 100LL can sit virtually indefinitely and is extremely stable, no changes in properties. I've run piston airplanes on 10+ year old 100LL
- 93 AKI (or 94 if you can find it in some places) will not handle the anti-knock requirements of piston aircraft engines with higher detonation propensity. This could potentially be worked around with some redesigns and complete recertification
- All of this needs to be certified. And unless you can recertify the entire fleet (engine and aircraft), it's not practical. Remember 80/87 went away because there wasn't enough of a demand for it to keep producing. Most FBOs don't carry MoGas because similarly, not enough demand
These discussions and arguments haven't changed over the past several decades (or at least over the 15 years since I entered the piston aviation industry). And funny enough, the talking points, uneducated proposals, physical/chemical/engineering realities, and certification limitations have not changed, either.