Demand for corn to make ethanol has now doubled corn prices in the U.S.
“The diversion of corn to fuel ethanol uses “is creating unintended consequences throughout the global food chain,” a Bloomberg analysis finds – not to mention increased use of pesticides and fossil fuels to grow all that corn. Meanwhile, the U.S. Congress has slapped a 54-cents-per-gallon tarrif on ethanol from Brazil – which is grown from sugarcane.”
Read the rest about this silliness in New West.
Ralph Maughan
Dr. Ralph Maughan is professor emeritus of political science at Idaho State University. He was a Western Watersheds Project Board Member off and on for many years, and was also its President for several years. For a long time he produced Ralph Maughan's Wolf Report. He was a founder of the Greater Yellowstone Coalition. He and Jackie Johnson Maughan wrote three editions of "Hiking Idaho." He also wrote "Beyond the Tetons" and "Backpacking Wyoming's Teton and Washakie Wilderness." He created and is the administrator of The Wildlife News.
I talk about the same issue on my blog, Energy Spin: Alternative Energy Blog For Investors Served Daily.