Food Costs
A Deserving Victim Of The Crash
An AP article out yesterday says that many ethanol plants, which have popped up like warts in the last few years, are being shuttered. Good riddance.
October 9, 2008 | Read More
Kill the Corn Ethanol Boondoggle
Corn-belt states like Iowa and Nebraska and agribusiness giants like Archer-Daniels-Midland love ethanol. They make billions from it. Much of that money comes directly from taxpayers in the form of subsidies.
All that cash might be worth it if ethanol actually did something significant to solve global warming or end our reliance on foreign oil. But it does neither. Even if every acre of corn grown in America went to make ethanol, it would only fill a small fraction of our oil needs. And it takes so much energy to produce a gallon of corn-based fuel that it barely decreases greenhouse…
August 27, 2008 | Read More
