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Corn on the Mob - Patrick J. Michaels (CATO Institute)
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Latest Biofuels Posts
5/16/2008
The real price of biofuels
Corn on the Mob - Patrick J. Michaels (CATO Institute)
The 2005 Energy Policy Act mandated that an increasing amount of ethanol be mixed with gasoline, thereby lowering the amount of CO2 we emit. An unintended consequence of the act is rising food prices all over the world, leading to civil unrest in Indonesia. “The sad fact is that Indonesia's unrest is only the slightest foreshock preceding the massive civil earthquake that is going to be unleashed as more and more absurd policies are mandated by the global warming mob.”
Published On:
2/16/2008
Submitted On:
2/16/2008 8:33:06 PM by
Frank K
Categories:
Biofuels
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