Saturday, 18 August 2012 18:55

Drought Sparks Battle Over Ethanol Quotas

Rate this item
(3 votes)

 

"At issue is whether to suspend a five-year-old federal mandate requiring more ethanol in gasoline each year, a policy that has diverted almost half of the domestic corn supply from animal feedlots to ethanol refineries, driven up corn prices and plantings and created a desperate competition for corn as drought grips the nation’s farm belt."

Do we feed people or some corporate profits? A humane civilization would not even have to be asked that question. 

Ethanol is a net energy loser and a potential killer of real starving people. 

The Arab Spring was about food prices and hunger. Starving people have nothing to lose. 

Why is there even a question about this again? ....Oh yeah. Political favors for rich guys to make more money. 

The choice is obvious, the delay in making it is insane. - Wes

CNBC article

Comments can only be posted by CollapseNet members