Undoing America's Ethanol Mistake

In recent weeks, the correlation between government biofuel mandates and rapidly rising food prices has become undeniable. At a time when the U.S. economy is facing recession, Congress needs to reform its "food-to-fuel" policies and look at alternatives to strengthen energy security. [snip]

The best way to lower energy prices, and reduce our dependence on foreign oil, is to accelerate production of all forms of domestic energy. Expanding biofuels while refusing to take other measures, such as lifting the ban on oil and natural gas production in Alaska and the Outer Continental Shelf, is counterproductive.

We should be tapping into a broad portfolio of energy options, including clean coal, nuclear power and wave energy. The key is increasing energy supply. By taking these measures, we can enable biofuels to be part of the energy solution, instead of contributing to the energy problem.

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