Thursday, April 17, 2008

Corn Ethanol is not only a joke, but causes massive food price increases...

You can't make corn without petroleum for fertilizer and tractors. Corn ethanol gets maybe 34% more energy than what goes into it. But Congress is mandating and subsidizing ethanol use. You get less gas mileage from ethanol. But you can't stop the mandates or subsidies because corn-growing states love that Congress pushes ethanol.
And now corn prices are creating huge food price increases, and not only in corn, because corn is used as animal feed.

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