------remember when China and Bill Gates bought all that farmland?
Biden taps ethanol to help lower fuel prices as consumer inflation surges
MENLO, Iowa (Reuters) - U.S. President Joe Biden unveiled plans on Tuesday to extend the availability of higher biofuel blends of gasoline during the summer to curb soaring fuel costs and to cut reliance on foreign energy sources.
BUT WAIT: ISN'T THERE A "CLIMATE CRISIS"?
Feb 14 (Reuters) - Corn-based ethanol, which for years has been mixed in huge quantities into gasoline sold at U.S. pumps, is likely a much bigger contributor to global warming than straight gasoline, according to a study published Monday.
The study, published in the Proceedings of the National Academy of Sciences, contradicts previous research commissioned by the U.S. Department of Agriculture (USDA) showing ethanol and other biofuels to be relatively green.
BUT WAIT: ISN'T THERE A LOOMING FOOD SHORTAGE?
Bloomberg’s Josh Wingrove reported yesterday that, “President Joe Biden said that the world will experience food shortages as a result of Russia’s invasion of Ukraine, and production increases were a subject of discussions at a Group of Seven meeting on Thursday.
“‘It’s going to be real,‘ Biden said at a news conference in Brussels. ‘The price of the sanctions is not just imposed upon Russia. It’s imposed upon an awful lot of countries as well, including European countries and our country as well.'”
WHY DON'T WE JUST DRILL FOR OIL?
Biden taps ethanol to help lower fuel prices as consumer inflation surges
Biden taps ethanol to help lower fuel prices as consumer inflation surges
The measure will allow Americans to keep buying E15, a gasoline that uses a 15% ethanol blend, from June 1 to Sept. 15.
www.reuters.com
MENLO, Iowa (Reuters) - U.S. President Joe Biden unveiled plans on Tuesday to extend the availability of higher biofuel blends of gasoline during the summer to curb soaring fuel costs and to cut reliance on foreign energy sources.
BUT WAIT: ISN'T THERE A "CLIMATE CRISIS"?
Feb 14 (Reuters) - Corn-based ethanol, which for years has been mixed in huge quantities into gasoline sold at U.S. pumps, is likely a much bigger contributor to global warming than straight gasoline, according to a study published Monday.
The study, published in the Proceedings of the National Academy of Sciences, contradicts previous research commissioned by the U.S. Department of Agriculture (USDA) showing ethanol and other biofuels to be relatively green.
U.S. corn-based ethanol worse for the climate than gasoline, study finds
The Biden administration gives a green light to a fuel that could be even dirtier than regular gas.
The goal is to lower prices at the pump.
www.theverge.com
BUT WAIT: ISN'T THERE A LOOMING FOOD SHORTAGE?
Bloomberg’s Josh Wingrove reported yesterday that, “President Joe Biden said that the world will experience food shortages as a result of Russia’s invasion of Ukraine, and production increases were a subject of discussions at a Group of Seven meeting on Thursday.
“‘It’s going to be real,‘ Biden said at a news conference in Brussels. ‘The price of the sanctions is not just imposed upon Russia. It’s imposed upon an awful lot of countries as well, including European countries and our country as well.'”
WHY DON'T WE JUST DRILL FOR OIL?