Why do so many politicians want us to switch over to Ethanol? . There must be something horribly wrong with Ethanol and sure enough this is a terrible idea that is having devastating consequences. Some really bad things you need to know about Ethanol.
Ethanol consumes more energy than it produces. A study by Cornell and UC Berkeley found that corn converted to ethanol consumes 29% more energy than it creates. Most of these energy losses come from the burning of extra fossil fuels. Other sources of Ethanol such as switch grass and wood have a deficit of about 50% instead of 30%
Part of the reason that the price of gas is going up while supplies are at an all time high is that politicians have demanded that refineries add billions of gallons of Ethanol to your gasoline in spite of the fact that Ethanol costs twice as much as gasoline
Ethanol has also been sold as an important part of achieving energy independence, but this is another myth. Even if we used ALL the corn produced in the U.S. to make ethanol, and NONE of it for food, U.S. gasoline consumption would drop by only about 12%. This wouldn't even make us independent of the oil we import from the Middle East (which is about 14% of our total consumption), let alone the oil we import from other parts of the globe.
Qui Bono? Who benefits? Investigation leads to the inevitable conclusion that the Ethanol program is for the benefit of agricultural corporations In "Archer Daniels Midland: A Case Study In Corporate Welfare," James Bovard shows how big agri-business corporations have used government subsides and tax breaks, like those for ethanol, to loot billions of dollars from taxpayers and consumers. So the next time that you hear about Congress investigating Big Oil on behalf of the consumer and then turning subsidies over to Ethanol instead of Big Oil ask yourself that question “Qui Bono?” (Who benefits?) Our government's ethanol policies are a major culprit. Bovard estimates that every $1 of profit earned by Archer Daniels Midland from its ethanol operation has cost taxpayers $30
There can be no doubt. All government mandates, subsidies, and tax breaks for ethanol production must end, immediately. If we can stop them from plundering the American people in the name of environmentalism we will actually help the environment, lower spending and make the budget somewhat more confrontable. Better yet, all of this can be achieved while also lowering your fuel and food prices.
So what can you and I do about this on an individual level?
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