Libertarian Views

by Greg Davies

The Evils of Ethanol

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Although the search for alternative energy sources is a noble concept, the manner in which the government is conducting the funding of programs is deeply flawed. The majority of money which the government is giving to supposedly renewable resources goes to ethanol fuel. The creation of ethanol consumes corn, which drives up food prices.

Meanwhile, ethanol does not improve upon the efficiency of gasoline in a significant way, if at all. The corn industry has a long successful history of putting corn were it does not belong and getting undeserved subsidies from the government. However, the ability to disguise use of corn as a means of saving the world is more daring and outrageous than any of the offenses the corn industry has given the country to date.

Both presidential candidates have taken every available opportunity to endorse government-supported research in alternative fuel. The fact that the government will continue to direct research in alternative energy research indicates that special interests will continue to prevent innovation in order to benefit large industries.

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Written by Greg Davies

October 6th, 2008 at 2:26 pm

Posted in General

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