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Biofuel's Cruel Punishment of the Poor

The law of unintended consequences continues with use of corn to create fuel instead of foodstuffs. The New York Times (give credit it where it's due) covered the subject a couple of days ago with a report from Guatemala.

The truth of this deplorable situation, however, has been known for several years. There is no excuse for ethanol subsidies. It is bad energy policy, bad economic policy and a violation of the well-being of totally unconnected poor people who have the bad luck to live in Latin America. The fact that this is known means that the Administration and Congress don't care about people whose distress is caused by U.S. policy--unless they vote.

The young man in the previous post who thinks his university should divest itself of fossil fuel stocks might better orient himself to the plight of hungry peons in Guatemala.

You can email brucechapman@discovery.org

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