Stress Corrosion Cracking (SCC) of carbon steel in fuel-grade ethanol is typically intergranular in service, but it is nearly always transgranular, in short-term laboratory experiments. While this might be considered an inconvenience, it provides an important clue about the SCC mechanism. The important point is that the transgranular cracking occurs under much milder mechanical conditions than any known form of hydrogen embrittlement in ordinary carbon steel. For this and other reasons, hydrogen is not considered to be the cause of this form of SCC. Transgranular SCC of carbon steel occurs in a very particular set of environments. Anhydrous liquid ammonia, anhydrous ammonia-methanol and CO-CO₂-H₂O are the key systems to be considered, apart from alcohols. High-temperature water containing oxygen also causes transgranular SCC, but is a less severe environment, probably because a magnetite film imposes a compressive stress that partially opposes any embrittlement effect. In our view, the important factor connecting these examples is embrittlement by interstitials. Just as hydrogen can embrittle iron, so can nitrogen or carbon (or oxygen). The main distinction is the diffusivity of the interstitial in iron. Ammonia can be oxidized to N, and CO can be reduced to C (or, in the language of surface chemistry, this could be dissociative adsorption). Still, at ambient temperature, those interstitials can only diffuse a few nm in relevant times of seconds. But we know little about the effect of such near-surface embrittlement on the propagation of a crack, and research on such surface effects is very important. Striking mechanical and morphological similarities of the SCC of carbon steel in ethanolic media with those governed by a cleavage-like mechanism in CO-CO₂ aqueous solutions prompted the investigation of the possibility of ethanol electrochemical oxidation into CO on ferrite (Fe) and cementite (Fe₃C) surfaces. Density functional theory computations on (110) surfaces revealed that the catalytic activity of Fe and Fe₃C through the α dehydrogenation pathway can significantly reduce the energy barrier of electro-oxidation of ethanol and production of CO to 0.575 and 0.480 eV, respectively. These first principle calculations indicate that at the anodic potentials applied during potentiostatic slow strain rate testing, ethanol electro-oxidation to CO is thermodynamically viable on carbon steel, giving further credit to the involvement of cleavage type SCC of carbon steel in ethanolic environments.