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June 26, 2009 | Jim Lane | Comments 1

Today in Biofuels Opinion: “Price of fuel vs. price of corn! What about energy independence?”

From Grist.org:Henry Waxman and Ed Markey seem to have mastered the art of the non-concession concession: striking deals with potential opponents in ways that meet their needs while minimizing (though not entirely eliminating) the negative impacts…The agreement installs a five year moratorium on calculations for how ethanol and other biofuels affect international land use…At first glance, that seems pretty bad, and in some ways, it is…But in terms of actual impact on land and greenhouse gas emissions, this concession may be minimal. The 2007 law that mandated a “Renewable Fuels Standard” already exempts 15 billion gallons of ethanol from these land use requirements, and production may not exceed that mark, or exceed it significantly, within the moratorium’s five year time frame – meaning that this provision may have little immediate effect.”

From Digest subscriber Curtis Dyle: “Price of fuel vs. price of corn! What about energy independence?  What about environmental advantages?  What about American jobs vs. foreign jobs?  What about the balance of trade?  Are Americans still that stupid?”

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    1. Yes, Curtis, quite a few of them are. There seems to be a growing divide in this country between those who try to hang on to the past–at least the past before it imploded on them last September–and younger Americans who realize that they’ve got to change the present if they expect to have a future.

      Even here in this traditionally “red” state of Tennessee, Obama got an overwhelming percentage of the 35-and-under vote. I do class presentations on biofuels at a local high school and it’s amazing to see the chasm between the views of parents and children, which probably hasn’t been this great since the ’60s.

      My guess is that more fissures will open up in the economy this fall and we’ll all finally realize that there’s no going back.

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