Wouldn’t That Almost Qualify As

…Free Trade?

… Right now, the biofuel market is being grossly distorted by subsidies and trade barriers in the United States and the European Union. These make it rewarding to produce ethanol from corn or grains that are far less productive than sugarcane ethanol, divert land from food production (unlike sugarcane), and have dubious environmental credentials.
What sense does it make to have a surplus of environmentally friendly Brazilian sugar-based ethanol with a yield eight times higher than U.S. corn ethanol and zero impact on food prices being kept from an American market by a tariff of 54 cents on a gallon while Iowan corn ethanol gets a subsidy?
“It would make a lot more sense to drop the tariff, drop the subsidy, and allow Brazilian ethanol into the United States,” said Philippe Reichstul, the chief executive of a biofuel company in São Paulo. “Pressure on U.S. land will be slashed.”

Actually, I’m sure is does, for two reasons:
1) Makes sense to.
2) Someone doesn’t want to.

Tutti Frutti!

categories Gorebal Warming | | datetime April 24, 2008 1:12 pm

One Response to “Wouldn’t That Almost Qualify As”

  1. The_Real_JeffS says:
    April 24, 2008 at 11:56 pm

    “…Brazilian sugar-based ethanol with a yield eight times higher than U.S. corn ethanol…”
    Mr. Bingley couldn’t drink that much ethanol.
    Could he?

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