Wednesday, February 13, 2008

Biofuels: even worse than I thought

At first I thought this was just part of the noise, but it looks serious: biofuels may well cause more global warming than gasoline. Read the whole thing at the Reality-Based Community.

Any guesses how many decades it will take the bipartisan Illinois politicans from ADM to notice?

5 comments:

JB Powers said...

Harold,

Have you not read that Sen. Obama is about "Hope" and "Change"? He cannot be bothered with arithmetic and economics.

How could you not believe that Sen's Durbin and Obama have the best interests of the citizens of Illinois in mind, while riding around in ADM jets, touting tariffs and subsidies as a solution to oil imports etc?

(sarc on)

JBP

Harold said...

John, if you know any Republicans who stand aside from ADM and the politically convenient biofuels craze, I'd be happy to hear about it. I don't.

Paul Botts said...

John McCain. Which is why he didn't even bother competing in the Iowa caucuses.

Harold said...

Well, he has been sometimes, anyway:
http://money.cnn.com/magazines/fortune/fortune_archive/2006/11/13/8393132/index.htm

Any Midwestern Republicans?

JB Powers said...

How about Dr. Paul, who somehow manages to throw Hemp in the mix?

What is my view on subsidizing ethanol and farmers? Under the constitution, there is no authority to take money from one group of people and give it to another group of people for so called economic benefits. So, no, I don't think we should do that. Besides, bureaucrats and the politicians don't know how to invest money. Then that money gets invested for political reasons rather than for economic reasons. I think there is a chance you might get more ethanol if you raised hemp but hemp is illegal in this country. So, in my idea of a free society, you'd be, a farmer would be allowed to raise hemp and not only would that be a good product, possibly to make ethanol, there might be a whole lot of other products you can make with hemp like Canadians do it. So, I am looking to legalize freedom, not more subsidizes and more direction of investments through the federal government because they are incapable of knowing the best investment to make.

JBP