"The United States spends about $6 billion a year on federal support for ethanol production through tax credits, tariffs, and other programs. Thanks to this financial assistance, one-sixth of the world's corn supply is burned in American cars. That is enough corn to feed 350 million people for an entire year."That's Bjorn Lomborg (at Slate) with a pithy little example of the utter stupidity of politicizing market production of energy sources. Roll on the next government-made disaster.
Via Billy Beck.
No comments:
Post a Comment
Comment moderation is now in place, as of April 2012. Rules:
1) Be aware that your right to say what you want is circumscribed by my right of ownership here.
2) Make your comments relevant to the post to which they are attached.
3) Be careful what you presume: always be prepared to evince your point with logic and/or facts.
4) Do not transgress Blogger's rules regarding content, i.e. do not express hatred for other people on account of their ethnicity, age, gender, sexual orientation or nationality.
5) Remember that only the best are prepared to concede, and only the worst are prepared to smear.