Wednesday, January 2, 2008

Biofuels Balderdash by Michael J. Economides

In this era of increasingly expensive energy and political-environmental polarization, if most Democrats and Republicans in Congress agree and then the President signs a bill, it must be a bowl of pablum laced with bad ideas. Which is a fair description of the new "energy bill" which will cost more only money and will do nothing for either energy independence or the environment. And in the highly unlikely case that it comes close to achieving its goals, it may do a lot more harm than good.

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