Posted on 11/22/2010 10:14:42 PM PST by TigerLikesRooster
'I made a mistake': Al Gore's U-turn on corn ethanol as he admits the food-vs-fuel competition is real
By Daily Mail Reporter
Last updated at 4:43 AM on 23rd November 2010
Former U.S. Vice President Al Gore said support for corn-based ethanol in the United States was 'not a good policy', weeks before tax credits are up for renewal.
U.S. blending tax breaks for ethanol make it profitable for refiners to use the fuel even when it is more expensive than gasoline. The credits are up for renewal on December 31.
Total U.S. ethanol subsidies reached $7.7billion last year according to the International Energy Industry, which said biofuels worldwide received more subsidies than any other form of renewable energy. U-turn: Al Gore arrives at the conference hall before delivering his speech in Athens, Greece yesterday
U-turn: Al Gore arrives at the conference hall before delivering his speech in Athens, Greece yesterday
'It is not a good policy to have these massive subsidies for (U.S.) first generation ethanol,' said Mr Gore, speaking at a green energy business conference in Athens sponsored by Marfin Popular Bank.
'First generation ethanol I think was a mistake. The energy conversion ratios are at best very small.
(Excerpt) Read more at dailymail.co.uk ...
Well, in this cast it shouldn’t be ignored, it should be shoved back down his throat and trumpeted all over the world as to what kind of an idiot he is.
Screws up your outboard motor.
I am surprised he owned up to his “mistake” which was made because he had a fondness for Iowa farmers. Translated from a fondness for the votes of Iowa farmers in politicalspeak.Al is an overweight prostitute.
Well, he’s only human-bearpig
Algore’s fault.
That’s just last year. The tally is even bigger.
Of course production follows the money. Its true in farming,in widget manufacturing,in anything you can name. Its always been the case and always will. Thats why when the government gets involved and creates artificial demand there’s a big party followed by an even bigger hangover.
I guess,
people have forgotten 4 buck gasolime
gasolime -> gasoline
Ethanol is made from the sugar in corn, not the oil.
There is no controlling legal authority.
Tax breaks aside, mandates that require adding alcohol to gasoline engines are idiotic, no sane person would do it. Which is why Congress requires it. Making alcohol was going to be profitable as soon as Americans were required to add the gawdawful crap to the gas tanks.
....now that money is tight, it was a mistake....when things are good and taxes are low...what better way to reach into the pockets of “rich” Americans. Now the “rich” Americans want serious tax reform and are looking for scalps since the Gov. has spent our future....now ,now it was a mistake...
..wanna go over how much money was wasted for the last 15 years over the global warming BS?......AND WHO CAPITALIZED ON THE SCAM?
They're starting to remember. I'm seeing friends on Facebook take time out from "Have a headache" and "Did anyone see Glee tonight?" status updates to complain about prices.
I wonder if Al Gore feels the same way now for pushing NAFTA back in the 1990’s?
“Of course a mistake has been made, Al Gore didn’t invest heavily enough in ethanol, so he wants the US to switch that subsidy to second and third generation ethanol creation, which his company would be happy to do a demonstration on. Of course, with such an emerging technology, unlike ethanol, which pretty much anyone can produce, this will require a higher subsidy...”
You hit it. Algore says he regrets first generation ethanol (corn based ethanol). The press in the federal govt and the greenies is to move to second generation (cellulosic) ethanol.
If you don’t like the subsidies that come with corn ethanol, you are going to HATE the subsidies coming for cellulosic ethanol.
Low biomass yield + low feedstock density + low ethanol conversion rate = massive govt subsidies.
The increase in food prices was due to rising oil and fertilizer costs, not from diverting corn to ethanol production. All the media hyperventilating about rising food costs gave a nice cover story for the greenies to push a move to a less efficient ethanol feedstock.
....and my lawn tractor...and my wood chipper...and my generator...and my weed whacker...
Gee. I see three SUV’s parked out in the driveway. I wonder how many are in the garage... and check out all the air conditioner condensers on the side of the house. I count six!
Al Gore's favorite mad scientist Rajenda Pachauri
When we last heard from Al Gore's favorite mad scientist Rajenda Pachauri, he was trying to explain how his United Nations group on 'climate change' got so many facts wrong.
In fact, it appears the entire study that won them the Nobel prize is to fraught with errors, false conclusions and outright fabrications that Pachauri is now blaming others. Now we find that Rajendra Pachauri not only submitted a massively flawed scientific study but he knew that the claims were false and has been selling these lies anyway.
Set aside that Rajendra Pachauri has recommended an end to air travel then logged thousands of miles of chartered jets to accept awards for his fraudulent claims. Set aside that Rajendra Pachauri has recieved awards he does not deserve for touting false claims of eco-armageddon that affect the liberty of common folks and the seizure of earnings of tens of millions.
Rajendra Pachauri is making a fortune to sell his snake-oil. The chairman of the UN's Intergovernmental Panel on Climate Change (IPCC), has used bogus claims that Himalayan glaciers were melting to win grants worth hundreds of thousands of pounds.
Rajendra Pachauri's Energy and Resources Institute (TERI), based in New Delhi, was awarded up to £310,000 by the Carnegie Corporation of New York and the lion's share of a £2.5m EU grant funded by European taxpayers.
It means that EU taxpayers are funding research into a scientific claim about glaciers that any ice researcher should immediately recognise as bogus. The revelation comes just a week after The Sunday Times highlighted serious scientific flaws in the IPCC's 2007 benchmark report on the likely impacts of global warming.
The IPCC had warned that climate change was likely to melt most of the Himalayan glaciers by 2035 - an idea considered ludicrous by most glaciologists. Last week a humbled IPCC retracted that claim and corrected its report"
But wait, it gets better...a lot of the money is coming directly from the tax-payers who will suffer under the laws adopted as a result of the fraudulent studies they were forced to pay for and this means Rajendra Pachauri may face criminal charges for fraud. Rajendra Pachauri is an accomplice to Al Gore in the massive fraud of -Global Warming- /Climate Change.
The climate change hucksters have perverted science to gain fame and fortune for themselves and in the process deprive hundreds of millions of people their liberty and their earnings. Expose the doomsday cult of global warming before they do any more damage.
Read more: http://www.timesonline.co.uk/tol/news/environment/...
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