"First generation ethanol I think was a mistake. The energy conversion ratios are at best very small. ...If he had only read this blog. Now can Senator Gore get President Obama to give up his addiction to ethanol?
He explained his own support for the original programme on his presidential ambitions.
"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."
---------------POST FROM TWO YEARS AGO-----------------------------
Tuesday, February 26, 2008
A tale of two senators
In this blog, we have attacked ethanol subsidies for their perverse effects (they encourage energy consumption--not conservation--and are worse for the environment), yet we have them because supporting them is the easiest way to win the Iowa caucuses. This is the traditional route that Senator Obama took through the primaries. Senator McCain took the road less traveled. From David Brooks column, "The Real McCain"
In 2000, McCain ran for president and reiterated his longstanding opposition to ethanol subsidies. Though it crippled his chances in Iowa, he argued that ethanol was a wasteful giveaway. A recent study in the journal Science has shown that when you take all impacts into consideration, ethanol consumption increases greenhouse gas emissions compared with regular gasoline. Unlike, say, Barack Obama, McCain still opposes ethanol subsidies.
DISCLOSURE: I am supporting McCain
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