The Environment

stick this in your tank and burn it (or else)

Phil Kerpen & James Valvo on Biofuels and Economics on NRO Financial

Really, people. Really. Taxpayers are asked to pay subsidies for farmers to grow crops they wouldn’t otherwise grow, to be sold at prices they wouldn’t otherwise sell for, to be processed for purposes they’re no good for: we make more expensive, less efficient fuel, which we then mandate/subsidize to market, so that the same taxpayer who foots the bill for these subsidies pays more per gallon (more expensive) for more gallons (less efficient) for poorer performance (more fouling) and no gains against the intended metric, carbon emissions. Which is ridiculous, because . . . there’s no reason to believe carbon emissions matter.

How do these people get elected? I mean, really now. . . .

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