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'I made a mistake': Al Gore's U-turn on corn ethanol as he admits the food-vs-fuel competition...
Daily Mail ^ | 11/23/10

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 ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: algore; co2; competition; corn; cornethanol; ethanol; food; fuel; globalwarming; gore; mistake; policy
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To: ThirstyMan
"One of the reasons I made that mistake is that I paid particular attention to the farmers in my home state of Tennessee, and I had a certain fondness for the farmers in the state of Iowa because I was about to run for president."
IOW, the end I had in view was my position at the top, not what was best for America. It wasn't about America, it was about Al Gore.

41 posted on 11/23/2010 5:17:14 AM PST by conservatism_IS_compassion (DRAFT PALIN)
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To: Roccus

There is a marina here where you can get real gas but it is high.


42 posted on 11/23/2010 5:17:16 AM PST by screaminsunshine (Americanism vs Communism)
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To: LomanBill
The main issue isn't bio fuel, but yield. Corn and beans yield and pay a lot more than oats and wheat. For the most part, corn belt states don't grow veggies large scale.

If you have a few acres of alfalfa, you can make good money also.

43 posted on 11/23/2010 5:21:14 AM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: TigerLikesRooster

For once Al Gore has something right. However his reasons are faulty. Ethanol from any source is always a bad choice as a fuel as it has so little energy per gallon compared with other fuels like gasoline. Just about any means you use to produce ethanol on a large scale takes more energy than will be generated from using it as a fuel. Government subsidies have perpetuated this poor energy policy.


44 posted on 11/23/2010 6:41:39 AM PST by The Great RJ (The Bill of Rights: Another bill members of Congress haven't read.)
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To: conservatism_IS_compassion

And that without apology ....like we’re supposed to understand? such a narcissist!


45 posted on 11/23/2010 7:44:42 AM PST by ThirstyMan (World War III is here! and its asymmetrical)
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To: wiggen
[Thats why when the government gets involved and creates artificial demand there’s a big party followed by an even bigger hangover.]
 
Bingo.  A "Free Market" it is not.
 
Farmers themselves, along with the rest of us consumer cash-cow sheeple, have been entrapped into the systemically corrupted financial food chain.  Nothing new about that.
 
Nonetheless, it's interesting to watch the faces change (and the Libertardian facade fall away) among those in "the bidness", when the suggestion is made that maybe it'd be a good idea to pull the plug on those "High Yield" inducing government checks -- that make the payments on the machinery -- that make the high yields possible -- that are only profitable because of the government checks -- that make the payments on the machinery -- that make the high yields possible... etc etc etc...... 
 
And around and around she goes.
 
Between soil depletion and water, the folks involved KNOW what they're producing is not a sustainable long term solution - either food or energywise.
 
One good drought, let alone one like that which created the Nebraska Sand Hills, and the merry-go-round stops -- with all aboard being ejected face first into the Dustbowl.
 

46 posted on 11/23/2010 7:57:20 AM PST by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: Liz

This whole ethonol thing was a sham from day one ;-)


47 posted on 11/23/2010 8:18:05 AM PST by stephenjohnbanker
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To: TigerLikesRooster
ALGORE admitting his original endorsement of them was nothing more than political pandering.

“One of the reasons I(ALGORE) made that mistake is that I paid particular attention to the farmers in my home state of Tennessee, and I had certain fondness for the farmers in the state of Iowa because I was about to run for president.”

Let's summarize, shall we, exactly what ALGORE is essentially saying to us:

1. 'I am a pandering scumbag.'

2. 'The Farmers of Tennessee were to blame.' Interesting since ALGORE's home state was is still is DC.

3. 'I'll say or do anything while running for public office, don't you fools know that already'

Thank you, ALGORE! Thank you very much!

48 posted on 11/23/2010 8:54:32 AM PST by wmileo
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To: stephenjohnbanker
"This whole ethanol thing was a sham from day one ;-)"

If you think that is news, you will love this.

Wesley Clark had been an Ethanol Lobbyist for the past three years.

49 posted on 11/23/2010 8:57:53 AM PST by wmileo
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To: redgolum
[The main issue isn't bio fuel, but yield. Corn and beans yield and pay a lot more than oats and wheat]
And why do they pay more?  Supply + Demand = Price.
 
Nothing like government fuel mandates to manufacture artificial demand.
[For the most part, corn belt states don't grow veggies large scale.]
When I started visiting my wife's family farm nearly 30 years ago, a variety of crops was observable on the trip through the Heartland.
 
Yes, corn and soy was there, especially in Nebraska (Go Big Red!) - but also wheat, rye, sorghum, sunflowers, oats...
 
That's changed.  Last summer what I saw was corn and soy, soy and corn, corn and soy.
 
For what little it's anecdotally worth, most of the folks I talked to acknowledge what I observed, and trace the change to Tommy Daschle & Co. - without whose mandated demand, the profit incentive could not have been manufactured.
 
 

50 posted on 11/23/2010 9:51:56 AM PST by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: wmileo

” Wesley Clark had been an Ethanol Lobbyist for the past three years.”

No doubt. Many lobby boys make 500,000 to over a million a year. All you need to do is check your ethics at the front door. These days, there are no shortage of prostitutes.


51 posted on 11/23/2010 10:45:01 AM PST by stephenjohnbanker
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To: LomanBill
Growing up in eastern Nebraska, it has always been mainly soy and corn. Some milo, some alfalfa, but mainly corn and soy.

The trouble with the others is that there isn't the demand for such things as sunflowers and rye as there is for corn and soy. Most of the oil seed crops are not that versatile, and the yield for wheat is not the best per acre.

However, with the recent spike in wheat prices, there is more winter wheat being sown.

52 posted on 11/23/2010 12:00:55 PM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: redgolum

[The trouble with the others is that there isn’t the demand for such things as sunflowers and rye as there is for corn and soy.]

No government mandates for sunflowers and rye?

The rotation of Corn / Soy has always made sense, it just makes more cents now because of increased demand manufactured via government fuel mandates.

Yes, corn and soy have always been staples in Cornhusker/Aksarben land. The I80 scenery hasn’t changed much since 1979 when I first drove I76/80 from Colorado to Seward...and the summers I spent detassling.

South Dakota, OTOH. At least to me, the change is pretty notable. Last summer I didn’t see a single field of sunflowers on the trip up I-29. Was looking because I wanted to get photos of the fields. Didn’t get any. For the little that’s worth...

Certainly don’t blame farmers for planting what keeps them in business, BTW.


53 posted on 11/23/2010 1:11:38 PM PST by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: calex59
"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."

Perhaps in this case. But in the future he should be ignored as he is a snake oil salesman.

54 posted on 11/23/2010 7:26:29 PM PST by blackbart.223 (I live in Northern Nevada. Reid doesn't represent me.)
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To: wmileo
2. 'The Farmers of Tennessee were to blame.'

First time I have ever heard him speak of the farmers in his state. Interesting comment, sounds like Al may still have a grudge against Tennessee for going to Bush in 2000. Thank God he was never our President. He's a lunatic.

55 posted on 11/24/2010 8:35:19 AM PST by nicksaunt
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To: TigerLikesRooster

Ind. ethanol plant starts after long halt on work
By AP News
Monday, December 27, 2010

MOUNT VERNON, Ind. (AP) — A company is ramping up production at an ethanol plant in southwestern Indiana that is now operating after construction work was halted for more than a year.Pekin, Ill.-based Aventine Renewable Energy produced its first ethanol on Nov. 30 at the Mount Vernon plant, which it started building in late 2007.Company CEO Thomas Manuel tells the Evansville Courier & Press he knows there was skepticism that the 45-worker plant would ever open. Aventine stopped construction on the plant in late 2008 and didn’t resume until March 2010 after emerging from bankruptcy.The company expects to produce about 110 million gallons of ethanol a year from the plant at full capacity. Production is about 55 percent now and gradually increasing.___Information from: Evansville Courier & Press, http://www.courierpress.com


56 posted on 12/27/2010 8:25:22 AM PST by KeyLargo
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