Patrick Richardson, of Pajamas Media, rolls-in on the unforeseen consequences of ethanol subsidies:
I must admit, I thought it was a neat idea initially. However, shortly after its implementation, I started reading about how the ethanol subsidies have warped the food supply. Or as Mark Steyn once put it in one of his articles, that at the stroke of a pen, the food supply was now part of the oil industry.
An illustration of the ethanol cycle:
Net result:
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