Biofuel Subsidies
The EU decreed that 5.75 percent of petrol and diesel must come from “biofuels” by 2010, rising to 10 percent by 2020. The U.S. added to its 51 cents-per-gallon ethanol subsidy by mandating a five-fold increase in “biofuels” production by 2022.The result is that big government accomplished at a stroke what the free market could never have done: They turned the food supply into a subsidiary of the energy industry. When you divert 28 percent of U.S. grain into fuel production, and when you artificially make its value as fuel higher than its value as food, why be surprised that you’ve suddenly got less to eat? Or, to be more precise, it’s not “you” who’s got less to eat but those starving peasants in distant lands you claim to care so much about.
Heigh-ho. In the greater scheme of things, a few dead natives keeled over with distended bellies is a small price to pay for saving the planet, right? Except that turning food into fuel does nothing for the planet in the first place. That tree the U.S. Marines are raising on Iwo Jima was most likely cut down to make way for an ethanol-producing corn field: Researchers at Princeton calculate that to date the “carbon debt” created by the biofuels arboricide will take 167 years to reverse....
In order for you to put biofuel in your Prius and feel good about yourself for no reason, real actual people in faraway places have to starve to death. On April 15, the Independent, the impeccably progressive British newspaper, editorialized: “The production of biofuel is devastating huge swathes of the world’s environment. So why on earth is the Government forcing us to use more of it?”
You want the short answer? Because the government made the mistake of listening to fellows like you. Here’s the self-same Independent in November 2005:
At last, some refreshing signs of intelligent thinking on climate change are coming out of Whitehall. The Environment minister, Elliot Morley, reveals today in an interview with this newspaper that the Government is drawing up plans to impose a ‘biofuel obligation’ on oil companies... This has the potential to be the biggest green innovation in the British petrol market since the introduction of unleaded petrol…Etc. It’s not the environmental movement’s chickenfeedhawks who’ll have to reap what they demand must be sown, ...
Labels: global warming, regulation
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