Monday, July 26, 2010

The a-maize-ing ethanol boondoggle – Reason "Biofuels mandate: Greenhouse gas abatement costs $750 per ton": "Translation: The biofuel mandate is a stupid, very expensive, and largely ineffective way to try to reduce greenhouse gas emissions."

2 comments:

Vermont Woodchuck said...

Noting more than another government handout. If it was ever about the environment, we would have imported the ethanol from South America at a far lower cost.

Converting cane or beet sugar here is cheaper than corn but that cut into the protectionist racket already in place.

We need to process Congress into bio-fuel and start overall shiny new in DC.

Nigel Tufnel said...

The economy (and the people) would be more healthy if we stopped subsidizing the corn industry.

We'd have a cleaner environment, better meat, more farms, more jobs, healthier kids, the list goes on.

But that means a financial hit to ADM, Monsanto, et al. And those corporations are assiduous about exercising their 'free speech' right to provide millions of dollars to Senators and Representatives and fund vast lobbying organizations to pressure votes in favor of continuing the subsidies.

Ordinary citizens have free speech rights, too. There's nothing stopping all of us from doing the same.

Except the lack of millions of dollars and vast lobbying organizations.