For the "government is the problem, not the solution" file:
An enormous share of the grain crop is now devoted to energy production. How much? A new World Bank report states that ``almost all of the increase in global maize production from 2004 to 2007 (the period when grain prices rose sharply) went for biofuels production in the U.S.'' Go back and read that sentence a second time. It is stunning.
With the world population growing, and incomes rising, increased food production is necessary to maintain an acceptable level of basic human welfare. Since 2004, corn production available to individual consumers hasn't budged.
Suck it up, "basic human welfare" fans. We need your food to fuel our illusion that we are creating energy independence and saving the planet.
Comments
Care to guess who the tie breaking vote was to MANDATE ethanol use in 1994?