The Fundamental Errors of Biofuels :: The Provocateur
Chuck Colson has an interesting piece today in Townhall about the situation surrounding ethanol and other so called biofuels.
What is maddening about this is that the biofuel effort is fueled by politicians handing out massive subsidies to the farm belt and pandering to glassy-eyed environmentalists. Every presidential hopeful who participated in the Iowa caucuses had to sing the praises of ethanol. That is why John McCain stayed away, because he opposes the subsidies.
Now, the story of biofuels and their current failure (and of course worse than that their contribution to sky rocketing food prices) has several different lessons.
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