Rated
Jul 26 2007
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1 review
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conspiracies, globalism, new world order
• 321energy.com
From the page: "`Buy Feed Corn: They're about to stop making it...'"
Washington's calculated,
absurd plan
What's driving this extraordinary change? Here things get pretty interesting. The Bush Administration is making a major public relations push to convince the world it has turned into a "better steward of the environment." The problem is that many have fallen for the hype.
The center of his program, announced in his January State of the Union Address is called '20 in 10', cutting US gasoline use 20% by 2010. The official reason is to "reduce dependency on imported oil," as well as cutting unwanted "greenhouse gas" emissions. That isn't the case, but it makes good PR. Repeat it often enough and maybe most people will believe it. Maybe they won't realize their taxpayer subsidies to grow ethanol corn instead of feed corn are also driving the price of their daily bread through the roof.
The heart of the plan is a huge, taxpayer subsidized
expansion of use of bio-ethanol for transport fuel. The President's plan
requires production of 35 billion gallons (about 133 billion liters) of ethanol a year by 2017. Congress already mandated with the Energy Policy Act of 2005 that corn ethanol for fuel must rise from 4 billion gallons in 2006 to 7.5 billion in 2012. To make certain it will happen, farmers and big agribusiness giants like ADM or David Rockefeller get generous taxpayer subsidies to grow corn for fuel instead of food. Currently ethanol producers get a subsidy in the US of 51 cents per gallon ethanol paid to the blender, usually an oil company that blends it with gasoline for sale.
As a result of the beautiful US Government subsidies to
produce bio-ethanol fuels, and the new legislative mandate, the US refinery
industry is investing big time in building new special ethanol distilleries, similar to oil refineries, except they produce ethanol fuel. The number currently under construction exceeds the total number of oil
refineries built in the US over the past 25 years. When finished in the next 2-3 years the demand for corn and other grain to make ethanol for car fuel will double from present levels.
Not just USA bio-ethanol. In March Bush met with Brazil's President to sign a bilateral "Ethanol Pact" to cooperate in R&D of "next generation" bio-fuel technologies like cellulosic ethanol from wood, and joint cooperation in "stimulating" expansion of bio-fuels use in developing countries, especially in Central America, and creating a "bio-fuels OPEC-like" cartel market with rules that allows formation of a Western Hemisphere ethanol market.
In short, the use of farmland worldwide for bio-ethanol and other bio-fuels--burning the food product rather than using it for human or animal food--is being treated in Washington, Brazil and other major centers, including the EU, as a major new growth industry.
Phony green arguments
Bio-fuel--gasoline or fuel produced from refining food products--is being hyped as a solution to the controversial Global Warming problem. Leaving aside the faked science and the political interests behind the sudden hype about dangers of global warming, bio-fuels offer no net positive benefits over oil even under best conditions."