The great danger of confronting peak oil and
global warming isn't that we will sit on our collective asses and
do nothing while civilization collapses, but that we will plunge
after "solutions" that will make our problems even worse. Like
believing we can replace gasoline with ethanol, the much-hyped
biofuel that we make from corn.
Ethanol doesn't burn cleaner than gasoline, nor is it cheaper.
And the increasing acreage devoted to corn for ethanol means less
land for other staple crops, giving farmers in South America an
incentive to carve fields out of tropical forests that help to cool
the planet and stave off global warming.
Corn is already the most
subsidized crop in America, raking in a total of $51 billion in
federal handouts between 1995 and 2005 -- twice as much as wheat
subsidies and four times as much as soybeans.
International Institute for Sustainable Development found
that ethanol subsidies amount to as much as $1.38 per gallon