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Saturday, August 11, 2012

Ethanol vs. the World

Corn fuel mandate continues to raise food prices and hurt the poor - corn is also a key ingredient in the combine of political power and corporate welfare that is U.S. alternative energy policy.

If not for the politics, the ethanol mandate would have been gone years ago. Oil costs and imports are up (ethanol makes up less than 1% of world-wide transportation fuel), and even the green lobby has turned against the fuel (because of the carbon-increasing deforestation it causes).

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