Saturday, September 01, 2012

Ethanol and Food Prices

In a recent article, ethanol producers (i.e. the people who make money producing and selling ethanol) lashed out at claims that their heavily subsidized industry inflates food prices.

This would be laughable if it wasn't so serious; 1) Biofuels take more energy to produce than they yield, so they increase rather than decrease fossil fuel consumption. If this were not true, farmers & producers would be energy self-sufficient and there wouldn't be any need for subsidies. 2) Food costs are linked to energy costs & will rise as long as we keep burning gallons of diesel to produce litters of ethanol. 3) The rise in food prices, regardless of the reason, is tiny compared to the rise in taxes & energy prices required to pay for all the renewable energy schemes that do NOT reduce CO2 emissions but Do make a small number of people extremely rich.

Wake up people! Your economy is sinking under the weight of false environmentalism. Poverty-stricken people in third world countries are hungry because of their own corrupt governments, not because of a lack of fodd in the world. If you really want to do something good for the world, divert some your billions from the over-fed environmentalists to the poor kids in the world who really need it.

If you want to know more, read Kids Before Trees and check back here for frequent updates.

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