Biofuels Overrated
This is a classic example of unintended consequences.
[T]he increased large-scale production of biofuel feedstocks, particularly corn and soybeans, and the emissions of growing number of ethanol and biodiesel refineries are also posing new threats to the environment in the U.S. Midwest and Mississippi Valley.In addition, subsidisation is adding to concerns of growing competition between food and fuel production. By shifting the balance in favour of the latter, world food prices are likely to increase, with potentially devastating results for poor populations, particularly overseas, that depend on food aid or cheap imports, according to the report.
The whole biofuels industry is starting to damage the economy and environment in ways we never could have imagined. We should re-think ethanol here in Hawaii.
Whole article here.