BioFuel And The Wheat Board

Posted on Sunday, January 07 at 11:24 by eugene
The latter estimates federal support for ethanol to total between $5.5 billion and $7.3 billion each year, and the benefits to ADM which (according to the article) contols about 1/3 of the ethanol market. The article suggests that the federal government could do more to fight greenhouse gases (GHG) if it used the money to buy carbon offsets. Of course, that's not the administration's goal in supporting ADM and ethanol, is it? " http://plawiuk.blogspot.com/2007/01/biofuel-and-wheat-board.html [Proofreader's note: this article was edited for spelling and typos on January 8, 2007]

Note: http://plawiuk.blogspot...

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  1. by RPW
    Sun Jan 07, 2007 8:07 pm
    You look in the right places, and persistenly enough, and you WILL find the smoke-filled back room, where the real deals are made.........

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    "When you change the way you look at things, the things you look at change."
    -Max Planck

  2. Sun Jan 07, 2007 10:54 pm
    Of course! I hsve to slap myself on the forehead. it fits. The farmer will be feeding the new demand and at the rate the bio-fuel providers pay. I am assuming Barley is the source for bio-fuel, as it is what is on the table right now. Presently no one can bypass the wheat board and it's the wheatboard that sets the rate. A new door has opened and only the invited are permitted to enter.

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    Expect little from life and get more from it.

  3. by eugene
    Sun Jan 07, 2007 11:11 pm
    I guess you missed this quote in the article; "The article suggests that the federal government could do more to fight greenhouse gases (GHG) if it used the money to buy carbon offsets."

  4. Mon Jan 08, 2007 12:07 am
    The article suggests that the federal government could do more to fight greenhouse gases (GHG) if it used the money to buy carbon offsets<<

    Your assuming the government went into power to do you and I some good. There is no profit in spending money on fighting greenhouse gas's. That is not what going to bio-fuel is about. As Eugine pointed out, it is no coincidence the dismissal of the wheat board and the requirement for bio-fuel happened together. He further pointed out at least one party who stands to gain by it. I didn't miss the part about the better use of the money. The government chose to ignore it. The have turned one accord aside to fight greenhouse gas's, to form their own profitable one. Unfortunatly, we will be paying for the profit.

    ---
    Expect little from life and get more from it.

  5. by RPW
    Mon Jan 08, 2007 7:29 am
    It is (after all) about making money -- and preferably on the backs of those who have to work for it.

    ---
    "When you change the way you look at things, the things you look at change."
    -Max Planck



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