Not only does the WSJ finally "get it" about ethanol and bio fuels, but it seems that science is finally telling everyone what most of us have known for years: ethanol is a scam.
when the hidden costs of conversion are included, greenhouse-gas emissions from corn ethanol over the next 30 years will be twice as high as from regular gasoline. In the long term, it will take 167 years before the reduction in carbon emissions from using ethanol "pays back" the carbon released by land-use change.Congress and Bush have succeeded in making Iowa farmers the largest welfare recipient in the world by subsidizing corn and sending prices to the moon. Farmers don't know a thing about anything political other than Welfare. Period.
1 comment:
Not sure I care if there is a transfer payment from the urban areas into the rural areas. F the cities. i live in Chicago and am sick of this cess-pit!
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