Ethanol

The eco-love affair Washington has with biofuels is starting to take a toll on the fragile U.S. economy. It's a shame no one in the media have that connection. "World News with Charles Gibson" explained on February 20 that biofuels are driving up food prices, which is driving up inflation. The Consumer Price Index (CPI), a key inflation reading, rose 0.4 percent in January according to the…

The Democrats were finally able to get something passed in Congress, a new energy bill that mandates car gas mileage and bans the incandescent light bulb, and on Wednesday’s CBS "Early Show," co-host Julie Chen described it as, "Congress's historic move to get rid of gas guzzlers." Co-host Harry Smith began the "historic" theme at the top of the show: Later this morning, the president will sign a…

The market is good for corn farmers right now. Corn prices are reaching highs because of the increased demand for food and as of late, the increased demand for corn-based ethanol. The price of corn is at an 11-year high. Its $4.38-a-bushel price tag is fueling food inflation, according to the December 17 "CBS Evening News." However, that's contrary to what CNN Chief Medical Correspondent Dr…

Following up on Al Gore’s reception of the Nobel Peace Prize, Carolyn Washburn of the Des Moines Register asked the Republican candidates several questions on the issue of "global climate change" and related topics. At the beginning of the debate, Washburn stated "we won't talk a lot about issues like Iraq or immigration. They're important issues, no doubt, but Iowans say they know where the…

Here's something you don't see every day on the front page of a major American newspaper: an article about how the rising demand for ethanol has sent corn and grain prices so high that it's resulted in more people around the world going hungry. Even more shocking: the article in question was on the front page of Saturday's New York Times. In a piece entitled "As Prices Soar, U.S. Food Aid…

Here's an inconvenient truth our global warming obsessed media seem certain to withhold from the public: biofuels produce more greenhouse gases than oil and gasoline. Fortunately, as has been noted by NewsBusters before, foreign press outlets are more willing than ours to present the facets of this issue that go counter to the prevailing climate change agenda. As such, Britain's Times…

A new study published in the journal Science last Friday concluded that the continued burning of oil-related energy products combined with the planting of additional forests is better for the environment than the manufacture and use of biofuels such as ethanol. In fact, the authors suggested that governments across the globe move away from biofuels as a global warming solution completely, and…