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Thursday, August 06, 2015

Have Some Corn In Your Tank——-The Biofuels Boondoggle

If something’s desirable it ought not to be necessary to force people to buy it.

Chipotle, for instance, doesn’t need to spend millions inde facto bribes (“campaign contributions”) to wheedle Congress into passing burrito subsidies. Nor are you forced to eat at Chipotle if burritos and bowls are not your thing. The market has voted – freely, without being prodded or pushed – that Chipotle is a good place to eat and so people go there willingly, part with their money gladly.

Why doesn’t the same standard apply to “renewable” fuels, specifically – ethanol and biodiesel? If, as we’re told, they are viable alternatives to gasoline, why must people be forced to subsidize them?

Required to buy them?

It’s a question that ought to be asked more often – which might result in crony capitalist hog-troughers (this time dressed in “green” livery) shoving their hands in our pockets less often.

But that’s probably just why it’s not asked.

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6 comments:

Anonymous said...

If they put the gas pumps right next to each other so everyone could see that the ethanol-free costs $1.50 more per gallon, then the choice would be up to the consumer and market demand.

Meanwhile, they mandated the ethanol added fuel so there are so few ethanol-free pumps around - and those guys have jacked up the price - more than the subsidy difference.....

Anonymous said...

Climate change,global warming and all that BS is once again rich elitists trying to make the next billion.

Anonymous said...

Ethanol has messed up more boat engines that it was worth. We should be eating corn not burning it.

Anonymous said...

I calculated when E85 came out that E85 Chevy trucks had about 10-15℅ worse fuel economy. 15℅ ethanol 15℅ less efficient. Zero sum game. Just a corn subsidy. Give me the corn to eat and make the fuel out of soy beans. I heard they make little boys grow breasts.

Anonymous said...

with the shale revolution here we have more oil than anyone else . Lets start eating corn. Lets also keep importing cheap Saudi oil and save ours for when all theirs run dry.

Anonymous said...

I've asked this question for years. Corn grown and diverted to alcohol production is not cost effective, the product is damaging to fuel systems, makes corn more expensive by traditional users (like beef cattle feed lots - have you checked the price of beef lately?), and costs the American taxpayers billions in subsidy dollars.

It was stupid when it started, and it's even more stupid now. And how many politicians have interest in farms that receive these and other farm subsidies? Too many.