OPINIONS - The ethanol scam
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The ethanol scam

http://seekingalpha.com/article/71802-it-s-now-official-ethanol-is-a-scam


Where the effects of bad policy are clearest, however, is in the rise of demon ethanol and other biofuels. The subsidized conversion of crops into fuel was supposed to promote energy independence and help limit global warming. But this promise was, as Time magazine bluntly put it, a “scam."

This is especially true of corn ethanol: even on optimistic estimates, producing a gallon of ethanol from corn uses most of the energy the gallon contains. But it turns out that even seemingly “good” biofuel policies, like Brazil’s use of ethanol from sugar cane, accelerate the pace of climate change by promoting deforestation.

And meanwhile, land used to grow biofuel feedstock is land not available to grow food, so subsidies to biofuels are a major factor in the food crisis. You might put it this way: people are starving in Africa so that American politicians can court votes in farm states.


I have people in my family that are scraping by and probably always will be*. This scam IS being felt by them and has been for a while. In my state, this was a bandwagon issue. No politician had character enough to challenge it. Now the GOP fool we have as governor does not have enough character to admit he was wrong to push it.

Do we really have to hit bottom before we realize we need some rationality to replace the dogma?

-Jarrod

* One of them works with a ruined back for the company that ruined it and refuses to pay to fix it. He votes Republican because he likes the manufactured straight poop sounding politicians versus the other. He thinks O'Reilly is funny. Public education let him down by design and now he willingly submits to those who seek to keep him where he is... forever. Now who's the joke on?
--
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt. —Bertrand Russell





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