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.
Print Friendly
Ralph Maughan
Dr. Ralph Maughan is professor emeritus of political science at Idaho State University with specialties in natural resource politics, public opinion, interest groups, political parties, voting and elections. Aside from academic publications, he is author or co-author of three hiking/backpacking guides, and he is past President of the Western Watersheds Project.
I talk about the same issue on my blog, Energy Spin: Alternative Energy Blog For Investors Served Daily.