Tuesday, December 14, 2010

The Ethanol Idiocy that Will Not Die

National Review  "In his wisdom, the Goracle recently acknowledged what almost all disinterested observers concluded long ago: Ethanol is a fraud. It has no environmental benefits, and harmful side effects. The subsidies that support its use are an object lesson in the incorrigibility of Washington’s gross special-interest politics. It is the monster that ate America’s corn crop."....
"But who cares about the facts? Once we have fired up a vast machine that from cornfield to distilleries produces 38 million gallons of ethanol a day, it will be nearly impossible to turn it off. Too many people will have a vested interest in continuing the scam, and its supporters — like Harkin and Grassley now — will always argue that any change is too disruptive. We’ll still be mandating ethanol long after the internal-combustion engine is obsolete"

No comments: