More on the corn ethanol fiasco
Corn ethanol is a terribly costly and damaging joke that has been inflicted on us by politicians looking for something that looks like a fix, rather than doing the much harder work to find real solutions to our energy problems. I’ve posted on corn ethanol before, and it’s now time to pull down the tent and admit failure. Why? consider these new revelations:
The Environmental Working Group has just issued a report that finds that 75 percent of all renewable fuels tax subsidies in 2007 went to environmentally damaging corn-ethanol production. In addition, the corn ethanol industry, teetering on the edge of collapse despite billions already wasted in subsidies on it, now wants additional billions for a bailout
Consider, also, that corn ethanol receives four times the amount of federal subsidies of “all other forms of renewable energy, including solar, wind and geothermal power.”
What’s a great substitute for corn ethanol? Energy conservation. Consider this talk by Amory Lovins of the Rocky Mountain Institute. It is much cheaper to save fuel than to produce it. My sister-in-law is a mover and shaker in the green wing of a major architectural firm. According to her. Lovins’ is widely recognized to be spot-on in his assessments of how to deal with our energy crisis. It you take the time to listen to this 2006 TED talk by Lovins, you’ll fall out of your chair when you hear his many statistics, which give me great hope. If only we had the courage to change our wasteful American way of life . . .
Duane Andreas of ADM contributes millions to politicians across the spectrum. What Andreas wants, Andreas gets. And Andreas wants billions in tax dollars so he can keep flying his private plane around.