Al Gore Reveals His Superior Morality And Intellect

Now he tells us:

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.”

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.”

So Captain Science was just pandering for votes when he supported billions of dollars in subsidies for a fledgling industry that diverts massive amounts of food into fuel.  By the way, ethanol production results in a net loss of energy:

The two scientists calculated all the fuel inputs for ethanol production—from the diesel fuel for the tractor planting the corn, to the fertilizer put in the field, to the energy needed at the processing plant—and found that ethanol is a net energy-loser. According to their calculations, ethanol contains about 76,000 BTUs per gallon, but producing that ethanol from corn takes about 98,000 BTUs. For comparison, a gallon of gasoline contains about 116,000 BTUs per gallon. But making that gallon of gas—from drilling the well, to transportation, through refining—requires around 22,000 BTUs.

So we are borrowing billions that we then give away to support an industry that uses 98,000 BTUs to create 76,000 BTUs of energy, in part because Al Gore wanted to be president.  And as a bonus, we are increasing the price of corn — a basic foodstuff for poor folks around the world, primarily in Latin America — worldwide.

As Glenn Reynolds says, I’ll believe there is a crisis when the people telling me there’s a crisis start acting like there’s a crisis. 

Via Hot Air

Advertisements
Published in: on November 22, 2010 at 10:06 am  Comments (1)  

The URI to TrackBack this entry is: https://mangyredbonehound.wordpress.com/2010/11/22/al-gore-reveals-his-superior-morality-and-intellect/trackback/

RSS feed for comments on this post.

One CommentLeave a comment

  1. […] At least biofuels are also expensive to produce and energy inefficient! […]


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: