A Pork Stuffed Farm Bill and the Tyranny of Big Corn
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Tom Pyle to discuss the farm bills working through Congress, the pork stuffed farm bill working its way through Congress, why green energy isn’t as green as it sounds and how ethanol is driving your food prices up and your car’s gas mileage down.
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Mideast Turmoil and the Corn Ethanol Connection
Could ethanol-driven food price increases be at the root of recent unrest in Egypt and the greater Middle East? An article by Robert Bryce in the Energy Tribune explores the connection between the Iowa Presidential Caucuses, ethanol subsidies, and the rising tide of discontent: Biofuels Driving Up Food Prices As Iowa Primary Approaches This year, the US corn ethanol sector will consume 40 percent of | Read More »
Ethanol, the Fuel Only a Politician Could Love
The Energy Information Agency (EIA) admits in its 2010 Annual Energy Outlook that, under present law, ethanol use in 2022 is projected to be almost a third less than the 35 million gallons-equivalent per year mandated by Congress way back in 2007. What to do? The ethanol industry, with the blessing of Congress and the Obama Administration, is lobbying the EPA to mandate increased ethanol | Read More »