July 3, 2008

Weekly Reminder: Corn Ethanol Sucks

This is your weekly reminder that corn ethanol is horrible, that the least we can do is lower the tariff on Brazil's much more efficient sugarcane ethanol, and that huge ethanol subsidies + tariffs and quotas are worthless pork of the highest order.

Sadly, this is something Sen. Obama is on the wrong side of. Rather entrenched on the wrong side, actually. Not only does he support ethanol subsidies and oppose lowering barriers to Brazilian sugarcane ethanol, but his campaign is pretty much in bed with the US Ethanol industry.

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