Friday, September 26, 2008

Edifying digression for Friday

The problem with ethanol made from corn: when energy and food producers compete for the same crop, everyone loses--because the price skyrockets. Corn's price has shot through the roof in the last year. And a recent University of Iowa study says that corn ethanol raises overall food prices in America by $14 billion a year.

Page 115 in Greasy Rider.