On this site I have been more than harsh about Al Gore.
Now, for this he gets two thumbs up!
On this site I was very critical of ethanol, fuel produce mostly from corn. My main problem was taking food, turning it into fuel jacking up food prices. For me it doesn't matter a lot, but there are poor people, like in Mexico where corn is a staple.
Anyway, besides consumers subsidizing this folly, our government also takes taxpayers dollars.
I kept track of the failure of ethanol as a fuel product a while and bored of it as the concepts failure did not attract popular attention.
Now a new hero on this issue, Al Gore has stepped up to the plate.
Al Gore's Ethanol Epiphany
He concedes the industry he promoted serves no useful purpose.
Go Al !
Anyone who opposes ethanol subsidies, as these columns have for decades, comes to appreciate the wisdom of St. Jude. But now that a modern-day patron saint—St. Al of Green—has come out against the fuel made from corn and your tax dollars, maybe this isn't such a lost cause.
Welcome to the college of converts, Mr. Vice President. "It is not a good policy to have these massive subsidies for first-generation ethanol," Al Gore told a gathering of clean energy financiers in Greece this week. The benefits of ethanol are "trivial," he added, but "It's hard once such a program is put in place to deal with the lobbies that keep it going."
No kidding, and Mr. Gore said he knows from experience: "One of the reasons I made that mistake is that I paid particular attention to the farmers in my home state of Tennessee, and I had a certain fondness for the farmers in the state of Iowa because I was about to run for President."
Mr. Gore's mea culpa underscores the degree to which ethanol has become a purely political machine: It serves no purpose other than re-electing incumbents and transferring wealth to farm states and ethanol producers. Nothing proves this better than the coincident trajectories of ethanol and Mr. Gore's career.
FULL STORY
Sunday, November 28, 2010
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