(Via AoSHQ) Hey, you know that 7.7 billion dollars we’re spending every year on ethanol subsidies? You know, the pseudo-environmental boondoggle that doesn’t actually do anything except pay off politically important American constituencies and push up food costs worldwide? The policy that has created yet another set of worthless parasites battening off of your tax money? Yeah, that program’s up for renewal, so we should kill it.
Isn’t that right, Al Gore?
“It is not a good policy to have these massive subsidies for (U.S.) first generation ethanol,” said Gore, speaking at a green energy business conference in Athens sponsored by Marfin Popular Bank.
The whole thing is fascinating reading: so much so that you have to wonder whether Gore has either been replaced with his Evil Twin, or (more likely) he’s simply heavily invested in second-generation biofuels, which are not made from corn. If the latter, well, it’d make a certain amount of sense for him to publicly and explicitly no longer care about farmers in Tennessee and Iowa, given that Al Gore is never, ever going to be able to become President ever again…
PS: If the market can produce a profitable, cost-effective biofuel without government interference, I see no real reason why we cannot put it in our gas tanks. Note all the qualifiers, there: I have a problem with raising food prices on poor foreigners just so that rich American liberals can feel slightly less sour about automobiles.
PPS: I swear to God, this is the second time today Ed’s hit something that I’ve had hanging out in my drafts folder. Freaky-deaky.