Thursday, October 30, 2008

Ethanol Fuel Mandates Cause Massive Food and Land Costs, Says New Report | CEI
Washington, D.C., October 29, 2008—A new report from the Competitive Enterprise Institute reveals massive food and land costs stemming from government rules mandating use of corn ethanol for fuel.

An initial CEI report released two years ago predicted that the United States did not have enough cropland to replace gasoline use with corn-based ethanol without dire consequences. The data since then have proven those findings correct, with radically higher food prices and a massive loss of forests and grasslands as a result.

No comments: