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Ethanol: Government vs. the Environment

December 18, 2007

Tags The EnvironmentInterventionismProduction Theory

This article from MSNBC shows how government-sponsored ethanol may seriously harm the environment, as fertilizer from the increased corn production makes its way to the Gulf of Mexico and kills sea life. So not only does ethanol hit taxpayers twice — first through subsidies and then through higher prices for corn and related products such as milk — it also harms the environment. Plus it could not possibly achieve the silly goal of "energy independence." Politicians who pander to Iowans and the likes of Archer Daniels Midland by supporting this destructive program (e.g., 1 2 3) should be ashamed of themselves.

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