Thursday, July 19, 2012

Ethanol Added $14.5 Billion to Consumer Motor Fuel Costs in 2011, Study Finds
The study argues that the Renewable Fuel Standard (RFS), commonly known as the ethanol mandate, harms both consumers and meat, poultry, and dairy producers, and should be reformed. The RFS has “destabilized corn and ethanol prices by offering an almost risk-free demand volume guaranty to the corn-based ethanol industry.” Consequently, food producers who use corn as a feedstock “have been forced to bear a disproportionate share of market and price risk” when corn yields fall and prices rise. This has become painfully obvious in recent weeks as drought conditions in the Midwest depress yields and push corn prices to record highs.
Flashback: Gore: Hey, sorry about that whole "stupidly burning 40% of the US corn crop" thing
I had a certain fondness for the farmers in the state of Iowa because I was about to run for president
Twitter / BigJoeBastardi: You better pray I am not r ...
You better pray I am not right about where we are going 20 to 30 years from now. Takes more energy to heat than it does to cool
Twitter / clim8resistance: Summary of Monbiot's argum ...
Summary of Monbiot's argument on @theJeremyVine: "there's no evidence of it, but it's a scientific fact" @aDissentient
Most US maximum temperature records set in the 1930s - Wry Heat - Minnesotans For Global Warming

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