Obama’s Green Fuel Policies Starve the Poor
[G]rowing demand for biofuels in the U.S. is having a catastrophic impact on the small poor nations south of our border, such as Guatemala. – IBD
From IBD Editorials
At what point does environmental zeal descend into inhumane policy? Try the ethanol mandate, which is now creating a wave of state-sponsored hunger in poor countries like Guatemala as food is diverted to fuel.
… has resulted in 44% of U.S. corn crops getting burned as fuel.
….. then prices shot up with the ethanol mandate. That law requires one-tenth of all U.S. gasoline to contain corn-based ethanol, offering distorted incentives to U.S. farmers to sell their corn at subsidized prices, leaving less for food.
As a result, corn prices have soared as much as 100% for Guatemalans, making corn not just expensive but out of reach for the impoverished population, which spends two-thirds of its money to buy food.
In reality, it’s a callous sign of a government agency so wedded to its green agenda it will rationalize any man-made famine or other unintended consequence of its policy for the sake of its environmental purity.
Stalin operated that way, and so did all the other global creators of hunger.
FULL ARTICLE
Also please consider:
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Thanks to Congress, Ethanol and Biofuel Mandates Cause Food Prices to Soar
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Bipartisan letter to congress opposing ethanol subsidies
Driving Under the Influence: Huge Taxpayer Investment in Ethanol Yields Paltry Payoff
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