Wednesday, April 22, 2009

Report: Ethanol raises cost of nutrition programs

WASHINGTON –Food stamps and child nutrition programs are expected to cost up to $900 million more this year because of increased ethanol use.Higher use of the corn-based fuel additive accounted for about 10 percent to 15 percent of the rise in food prices between April 2007 and April 2008, according to the nonpartisan Congressional Budget Office.

[Rarely has an idea been shown to be so bad so quickly than that of burning a staple food crop. And congress' response?

Increase ethanol mandates this year.]


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FLASHBACK >

California regulators, trying to assess the true environmental cost of corn ethanol, are poised to declare that the biofuel cannot help the state reduce global warming.
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