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The author at Knowledge Problem in a related article titled A Potpourri of Interesting Things to Read writes:
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Fundamentalist writes:
I agree completely! And that doesn't include the fact that they're driving up the cost of the primary food for poor people in the world. Prices of tortillas has quadrupled in the last year. Posted January 30, 2007 9:16 AM
JRip writes:
There are many layers of boondoggle behind ethanol. I hope I get the link right to the Minneapolis Federal Reserve paper on this. Example from the paper: Water in Sioux Falls will be 1/2 half the cost of water in Duluth which is right on Lake Superior. Click on the text below. Posted January 30, 2007 1:21 PM
Matt writes:
Of course, the 2 trillion we spent over the last three years getting Iraq oil does not count. The solution to climate change is to charge the consumer of oil the full cost, including any climate damages. Apply this rule to imports also. This is why libertarians are anxious to get through some of these lawsuits so we can all know how much damage we have done. Oncew we have calculated the damages, then simply add enough tax to eliminate the damages. Simple, even a idiotic big government conservative; with his 2 trillion dollar oil army can figure this out. Posted January 30, 2007 6:33 PM
Raging Ranter writes:
Given that Bush & Co. are so eager to encourage greater ethanol consumption, it seems a little ironic that they have done nothing to remove a hefty tariff on ethanol made in Brazil using sugar cane. Given the history of such government-sponsored white elephants, maybe that's just par for the course. If the policy is so nonsensical and incoherant to begin with, we should fully expect such contradictions. Here in Canada we have similar plans (though not nearly so grandiose, yet) to increase ethanal usage. It remains to be seen just how fat our white elephant gets. Posted January 31, 2007 11:12 AM
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