Tuesday, November 23, 2010

What else did Gore lie about? Everything.

I worked in the Agriculture Library in the 70s and 80s. I knew you just couldn't make the ethanol bio-fuel figures come out right. It was very hot research then, too. Too many inputs; especially water. And even 2-3 years ago, we were creating food shortages that caused riots in other countries.

Now Big Al has come clean. Sort of.

Gore: On second thought, I was just pandering to the farm vote on ethanol « Hot Air
    Former U.S. vice-president Al Gore said support for corn-based ethanol in the United States was "not a good policy", weeks before tax credits are up for renewal.

    U.S. blending tax breaks for ethanol make it profitable for refiners to use the fuel even when it is more expensive than gasoline. The credits are up for renewal on Dec. 31.

    Total U.S. ethanol subsidies reached $7.7 billion last year according to the International Energy Industry, which said biofuels worldwide received more subsidies than any other form of renewable energy.

    "It is not a good policy to have these massive subsidies for (U.S.) first generation ethanol," said Gore, speaking at a green energy business conference in Athens sponsored by Marfin Popular Bank.

U.S. corn ethanol was not a good policy-Gore | Energy & Oil | Reuters
Of course, the worst thing is that all the investments and venture capital that has gone up in global warming smoke and mirrors is not available to do something really good and worthwhile to restore the economy.

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