Wednesday, August 15, 2007

Corn Ethanol Redux

Now, I may not have made myself perfectly clear before, but I just don't like government subsidies of ethanol, because they make no sense.

Robert Rapier at the Oil Drum makes the point that ethanol is not any sort of energy solution more forcefully than I ever have, but he's right.

Given that it is unanimous - across the board, 100% - that consuming energy has a cost that is not fully borne by the user (negative externality) in terms of greenhouse gases, oil money to Nigeria, miscellaneous pollution, etc, etc, etc, etc, let's hit up that carbon/energy tax already. Please?

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