Wednesday, January 19, 2011

How it Works: Drive up Food Prices By Demanding Biofuel, Then Blame Global Warming. | hauntingthelibrary
For years, for years, the warmists banged on and on about the need to switch from taking oil out of the ground to renewable sources, such as ethanol, derived from corn. They got their way. The American Congress mandated that a certain amount of fuel must come from corn ethanol, come what may.

And what happened? What do you think would happen? The mandate meant that vast quantities of perfectly good corn was diverted from the world’s food supply and turned into ethanol for what even environmentalists now admit were “very marginal” gains:

No comments: