Sunday, September 30, 2007

Too much ethanol? More subsidies!

The answer to every question in the overcoddled state of Iowa seems to be someone else's money, and because of America's simply bizarre method of selecting its First Citizen, what Iowa wants it all too often gets. The last season of the West Wing described buttering up Iowans by promising subsidy as "taking the pledge".

First they wanted subsidies to build ethanol plants, and despite increasing evidence that not only is corn a poor feedstock and ethanol a poor biofuel but making ethanol from corn is a greenhouse gas polluting process, they got the money. Now too many distilleries have been built, the price of ethanol is plummeting because of poor distribution and the corn farmers answer is, you've guessed it - "mo' money!"
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