April 15, 2008
In defense of the corn to ethanol refineries
I would argue that the high price of food is due, in part, to the high price of fuel. I have a hunch that when the price of food goes up, so it follows that there develops an incentive to produce more food, because supply and demand is a strong force. Perhaps the Mexican corn farmer who was ruined by U.S. agribusiness and govt. subsidies might find it once again profitable to grow corn. With the slow and painful switch from petroleum to alternative sources of energy, it's a good idea to have these new corn digesting refineries already built, poised to quickly retrofit over to the cellulosic processes, as the local permit process is slow and often political.
Posted by Muggins