I've said it here before, that my instincts tell me that the over-emphasis on ethanol is very bad news for all of us. I've said several times that it will raise all our grocery bills. In my opinion, our government's strong support for ethanol is a direct result of lobbying by large corporations like Archer Daniels Midland.
Here is more, in support of my position:
http://www.businessweek.com/bwdaily/...316_016207.htm
"This ethanol binge is insane," says Hitch, who's president-elect of the National Cattlemen's Beef Assn. (NCBA). "This talk about energy independence and wrapping yourself in the flag and singing God Bless America—all that's going to come at a severe cost to another part of the economy."
The ethanol movement is sprouting a vocal crop of critics. While politicians including President George W. Bush and farmers across the Midwest hope that the U.S. can win its energy independence by turning corn into fuel, Hitch and an unlikely assortment of allies are raising their voices in opposition. The effort is uniting ranchers and environmentalists, hog farmers and hippies, solar-power idealists and free-market pragmatists (see BW Online, 02/2/07, " Ethanol: Too Much Hype—and Corn").
Ethanol from corn is morally wrong. It's a result of lobbying, and that proves it is wrong. Ethanol from corn means higher grocery bills and hungry people.
Harry