The ignorance of economics among liberals is really a sight to behold. With more corn going to biofuel, guess what’s happening to the cost of food? (No, it’s not decreasing, you smelly hippy.)
Western governments listened to the ecowarriors . . . The EU decreed that 5.75 percent of petrol and diesel must come from “biofuels” by 2010, rising to 10 percent by 2020. The United States added to its 51 cent-per-gallon ethanol subsidy by mandating a fivefold 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.
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The first victims of poseur environmentalism will always be developing countries. 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 swaths 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.
No matter. It’s all Bush’s fault anyway!
Filed under: Everything Else , biofuels, Environmentalism, junk science, The Government Engineered Mortgage Crisis, Time Magazine