Using corn as fuel is Madness! And not the British band…
The corn ethanol supporters are probably not very familiar with the concept of opportunity cost. Either that, or the subsidies and high corn prices are just to juicy to give up. Only about 20% of all the corn grown in the U.S. now goes to feed humans directly, and more than half of what remains is now being turned into ethanol fuel while the other half goes to feed livestock. The problem is that life-cycle studies show that corn ethanol ranges from barely better than fossil-fuel gasoline to significantly worse, especially if you take into account land use issues and the impact of higher food prices on the poor. Many would agree that corn ethanol is a net loss for society, yet this industry keeps growing…
Continue reading… “The U.S. now uses more corn for fuel than feed!”
