International Cat Speculators Since 2006

Posts tagged ‘Biofuel’

Ethanol Is Out

Biofuel is so last week.

For several weeks, NewsBusters has been reporting the changing media tide concerning ethanol.

On Thursday, PBS’s “NewsHour with Jim Lehrer” joined the growing chorus of press outlets pointing fingers at biofuels as being partially responsible for the growing international food crisis:

The cost of food has soared as more and more corn is being produced for fuel, not food…[I]t is the government’s mandate for ethanol that has doubled the demand for corn and sent prices soaring.

I’m calling time of death. If PBS has turned on you, you’re toast.

Hm, looks like corn powered engines have gone from hot to not in less time than it takes to circle the globe. ;)

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