Thursday, January 19, 2012

"Bio-fuels, Speculation, Land Grabs= Food Crisis"

Resolving the Food Crisis: Assessing Global Policy Reform Since 2007 (Institute for Agriculture and Trade Policy and Tufts University Global Development and Environment Institute)

"SOPHIA MURPHY, INSTITUTE FOR AGRICULTURE AND TRADE POLICY: Well, a big one is around the use of biofuels, which leads into questions about how we use the resources we have. And I think that for—especially for the G-20 governments, they still shy away from acknowledging that there might be limits to growth, if you like. And that's—while they've been happy to put a lot of money and energy into production and increasing the output, they haven't been willing to look at how we use food, where food gets wasted, and how the transformation of food into biofuels in particular has created a very substantial spike in demand that had an immediate effect on price and which continues to pose a lot of challenges. So that would be a first."

Sunday, January 15, 2012

Friday, January 13, 2012

"Uncle Sam and ethanol" Chicago Tribune

"Back in the boom time of the mid-2000s, technology entrepreneur Vinod Khosla led an investment group that convinced the Feds to put up $46.3 million in grants and $42 million in loan guarantees for a factory in Georgia that would turn wood pulp into ethanol.
The plant went bust last year. The shuttered facility has just been sold for $5.1 million … to another Khosla-affiliated group, which pledges to use it for a different alternative fuel operation. No wonder Khosla is a billionaire and Uncle Sam is $15 trillion in debt."

"The practice of turning grain into fuel has pushed up food costs across the globe. It's fair to say that everyone on the planet indirectly pays a tax to support the ethanol plants chugging away across the rural U.S. Food is too scarce for corn ethanol to continue expanding at its accustomed pace."

Saturday, January 7, 2012

"One Bad Energy Subsidy Expires" New York Times

Great article except the part that states Congress should "redeploy the money saved to support......high-tech biofuels"  The New York Times should ask Pennsylvania and Georgia about  "high-tech biofuels"  Both states have been left "holding the bag" for millions of dollars for bankrupt non-operating high-tech biofuels plants. In PA, the bankrupt and shuttered Bionol Clearfield Ethanol plant (Ed Rendell’s “future of PA Energy”) is now scrambling to make money by trying to sell Susquehanna River water (via its withdrawal permit) to the frac(k)ing industry. And the bankrupt and shuttered Range Fuels was just bought at a fire-sale price by the same investor involved in the plants demise, Vinod Khosla. Meanwhile Georgia and Pennsylvania taxpayers lose out.

Friday, January 6, 2012

"Ethanol Subsidies Disappear, Mandates Remain" New American

 'The Congressional Budget Office concluded that “Producing ethanol for use in motor fuels increases the demand for corn, which ultimately raises the prices that consumers pay for a wide variety of foods at the grocery store, ranging from corn-syrup sweeteners in soft drinks to meat, dairy and poultry products.”'

"The ripple effect of that government-induced distortion in the ethanol/corn market is expected to raise the price of grains, soybeans and vegetable oil by between 7 percent and 35 percent each year from now until 2017, according to a report issued by the Food and Agriculture Organization (FAO). If this is anywhere close to accurate, prices for these essential foodstuffs could double in five years, putting marginal income people deeper into poverty."

"Subsidies for Ethanol Expire But Corn Ain't Goin' Nowhere" Audubon

"Ethanol Subsidies: Not Gone, Just Hidden a Little Better" Mother Jones

Thursday, January 5, 2012

ANOTHER STATE LEFT HOLDING THE BOIFUELS BAG! "Georgians on the hook for failed ethanol facility"

Vinoda Khosla srtikes again!

Shuttered ethanol plant trying to sell Susquehanna River Water to the frac(k)ing industry.

Interesting article/video about former Governor Ed Rendell's "future of Pennsylvania's energy" but it under reports the state's financial involvement. According to the Philly Inquirer,“The state agreed to support the $270 million project with $27 million in grants and loans and by issuing $67 million in tax-free bonds “  for the now bankrupt Bionol Clearfield ethanol plant. (Philly Inquirer 8/28/2011) The shuttered plant is trying to sell Susquehanna River water via its permit to the frac(k)ing industry.