By Thomas Lifson August 5, 2018
The federal requirement to blend ethanol into gasoline on the theory that it will reduce the hypothetical global warming that hasn’t appeared yet has been a joke from the start. By adding a huge amount of demand for corn, it did push up prices for that commodity, and made vast swaths of the rural Midwest prosperous, though it has injured poor Mexicans and others who depend on corn for a substantial portion of their nutrition and driven up the rice of feed used for animals, raising meat prices...............Read more
My Take - Another EPA/Environmentalist solution to another non-problem turns into a legitimate problem. Once these things go into effect there seems to be no way of stopping them no matter what goes on in reality. They mention the farmers in the Midwest and early primaries, but in the last election cycle the Midwest supported those presidential contestants who were opposed to this mandate.
We need to understand this once and for all. All.....and I mean all....alternative energy schemes are environmentally detrimental, expensive, incapable of supplying our energy needs and totally unnecessary. All this clabber came into effect as a result of two verifiably false claims. First, we were running out of fossil fuels and secondly those fuel sources were causing catastrophic global warming.