« | »

Gore Finally Admits Ethanol Was A Mistake

Quietly noted by Reuters ‘Africa’ outlet:

U.S. corn ethanol "was not a good policy"– Gore

By Gerard Wynn

ATHENS, Nov 22 (Reuters) – 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 Dec. 31.

Total U.S. ethanol subsidies reached $7.7 billion last year according to the International Energy Industry, which said biofuels worldwide received more subsidies than any other form of renewable energy.

"It is not a good policy to have these massive subsidies for (U.S.) first generation ethanol," said 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.

"It’s hard once such a programme is put in place to deal with the lobbies that keep it going."

Oh, you see, it’s the evil lobbyists fault. Not people like Al Gore who rammed through this nonsense without thinking about the obvious consquences.

He explained his own support for the original programme on his presidential ambitions.

"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."

Oh sure, we can laugh about it now. But how many hundreds of billions of taxpayers dollars have been wasted over the years? How much more expensive is food now – especially meat – thanks to the hare-brained push for ethanol?

And isn’t it great to hear Mr. Gore admit he was willing to lie – even about the sacred environment – if it would help his chances for the Presidency?

U.S. ethanol is made by extracting sugar from corn, an energy-intensive process. The U.S. ethanol industry will consume about 41 percent of the U.S. corn crop this year, or 15 percent of the global corn crop, according to Goldman Sachs analysts

Gore said a range of factors had contributed to that food price crisis, including drought in Australia, but said there was no doubt biofuels have an effect.

"The size, the percentage of corn particularly, which is now being (used for) first generation ethanol definitely has an impact on food prices.

"The competition with food prices is real."

How generous of the Nobel Laureate Mr. Gore to finally acknowledge that putting 41 percent of the US corn crop in our gas tanks might drive up the price of food.

But don’t worry. This little boo boo about ethanol won’t stop Mr. Gore from continuing to tell us how we should live our lives at every opportunity.

This article was posted by Steve on Monday, November 22nd, 2010. Comments are currently closed.

16 Responses to “Gore Finally Admits Ethanol Was A Mistake”

  1. canary says:

    “The U.S. ethanol industry will consume about 41 percent of the U.S. corn crop this year,”

    I guess they’ll feed pigs recycled compost, as in the Government will force citizens to put “only food scraps” in their trash bins.

    And to think non-ethanol costs more than government ethanol which we end up paying the tax credits for.

  2. BigOil says:

    Keep in mind this Keystone Kops routine of unintended consequences began before the ethanol mandate.

    Our brilliant bureaucrats first mandated via the Clean Air Act that oxygenates be blended into gasoline to improve tailpipe emmissions, despite having no evidence. So they required methyl T-butyl ether (MTBE) in gasoline blends. Therefore, the industry spent billions on MTBE plants. Problem was the stuff smelled so bad, when a drop of it made its way into the drinking water, people began suing. So MTBE has now been banned by the bureaucrats that mandated its use, and the industry is stuck with worthless assets and lawsuits.

    Now our masters have moved on to mandating ethanol. The industry spent billions more on an expedited basis to build special blending terminals to accommodate the ethanol. All this expense and effort to force the use of a fuel that raises the price of everyones food and reduces fuel efficiency by about 1 mpg.

    It is also worth noting, we will not necessarily save any money if the ethanol subsidy is ended. The cost of the ethanol – and subsequently gasoline – will increase to compensate. It is the ethanol blend mandate that must be repealed.

    Defund the EPA and let the free market work.

    • TwilightZoned says:

      “…routine of unintended consequences…”

      Off topic…after careful observation and consideration I’m even more convinced there is no such thing as unintended consequences on this or any other progressive scheme concocted and implemented. These “consequences” are all part of the plan to destroy the republic.

  3. Right of the People says:

    Algore is the worst kind of liberal politician, willing to sell his soul and the country down the river for a shot at more power.

    He is the poster child for the liberal lifestyle. Do as I say not as I do as he wastes prodigious amounts of gas, natural gas and electricity and pollutes with his SUVs and mansion while telling the rest of us we must change and make sacrifices. What he doesn’t say is we should make those sacrifices so he and his kind can continue their lavish lifestyle.

    Hypocrite is too weak of a word to describe this slimeball but this is a public site and the other words are not proper.

    • Mithrandir says:

      That’s right. He is such a martyr for his cause, that he doesn’t suffer even 1% for it. When you fly on a 747 all over the world to talk about pollution, it demonstrates a love for attention and power, not dedication to his cause.

  4. Rusty Shackleford says:

    What is algore’s motivation here? Methinks it is to deflect ongoing interest in the glow-ball warming scam. By saying mea culpa to a lesser but no-less-entrenched myth, he is seeking validation in his “frail humanity” and can then excuse himself for other boneheaded ideas. As Steve pointed out though, he doesn’t actually admit any failing on his own. His “information was wrong” meaning that some slave-bot in his camp supplied him with bad data and thus, it’s the fault of the lackey. Kind of like the elected democrats who voted to go into Iraq and then had misgivings about it and could only look clean if they claimed that Bush lied. Fact is, they had access to all the same intel info that the president had. They were all adults. Nobody twisted their arms and they cast their votes. To blame others is the socialist cop-out.

    As far as the ethanol debacle, since it began I have burned thousands of gallons of (more expensive) fuel in my truck which isn’t designed to run on less-energy-giving “blends”. But just think…every time the socialists come up with a plan to reduce emissions or “improve” something, it invariably goes the other direction. Remember the way cars ran in the 80’s thanks to Carter’s plans and to say nothing of California emissions add-ons that took another 20% of the power away from a car’s engine and causes maintenance nightmares for all.

    The law of unintended consequences never quite jibes with a mind like Gore’s. Yet there are millions in the nation who agree with such thinking. The fantasy/crock/BS machine never stops running and they never do “thought experiments” or if they do, they always culminate in fantasy land with rainbows and unicorns and cotton candy for everyone. Lack of critical thinking+utopian dreams=disaster for all.

  5. proreason says:

    Any regrets for the millions of people who have died because farmland was diverted from growing food to lining your pocket Al?

    Ha ha. Just kidding about the rhetorical question.

  6. U NO HOO says:

    Where do we deniers go to get our reputations back?

  7. Petronius says:

    For some years now, most experts have agreed that ethanol produces less energy than goes into making it.

    Glad to see Al Gore has finally gotten the message.

    • proreason says:

      Another blessing of the depression

      The lightworker’s genius won’t be fully understood for centuries.

  8. Rusty Shackleford says:

    It’s ok, Al. Alcohol dependency is a real bitch.

  9. Enthalpy says:

    That’s it? Is that all he has to say about it? Is that it? That’s nothing! He’s nothing.

  10. AcornsRNutz says:

    Ah, since I have been gone a while I was very pleased to see this article heading the comments page this morning. Once more for the cheap seats, lets review

    1. When government subsidizes things, they generally either fail or perform below expectations.

    2. When government manipulates markets, the (un?)intended consequences tend to be far worse than the problem they sought to solve, which itself is never solved (see bullet 1)

    3. When Al Gore speaks it is BS.

    The problems with ethanol were obvious and numerous. Much like the all electric car, the technology was tried and abandoned almost at the same time as the inception of the automobile. The costs and benifits of petroluem won the day. Mixing the two is stepping stone to the old idea that didn’t work. energy independance? Oil can be found in US territory it vast amounts, and can be synthetically made using (get this one greenies) common garbage. That technology was established in the 1970s, and it was estimated that using the amount of refuse that was suitable for the process each year could yeild some 1 million (if I recall correctly) barrels of crude oil a year. Why would we not pursue that one?

    Still, we are waiting for the admission that hybrids and electric cars have a similar carbon footprint to regualr gas vehicles, that the ban on DDT killed millions, the flying asian pig flu didn’t wipe out vast cities, etc etc etc.

  11. RonLappreau says:

    I think the oil lobby made Al an offer he couldn’t refuse. I use E85 in my pickup for one reason only. I despise oil company executives like BP’s diminutive CEO who mistakenly thinks I’m one of the ‘small people’. Screw’em all. I’ll gladly pay more for my groceries and besides, a Prius can’t tow my boat. Does anyone think it smells a little oily here?

« Front Page | To Top
« | »