Is ethanol a handout to the agricultural lobby?


By now, most people have heard of ethanol, and know it can be made from corn, really anything which contains hydrogen and carbon can be a fuel, but I digress. Should ethanol become big, which it will take about five to ten years to get cars made which  can run on  E85 or pure ethanol on the road in large numbers with fueling stations in all 50 states.  If ethanol becomes big, by which  I mean it supplants petrol (gasoline  in the  US), it will push the price of corn up and should provide a stable price for corn, great news for farmers, and assuming the government cuts back on agricultural subsidies as a result good for republican senators because it lets them talk up trimming government spending, not that the agricultural lobby would support cutting subsidies but still, it sounds like the agricultural lobby wins big if ethanol supplants petrol, so is this why ethanol is John Edwards and many other people's big plan to cut CO2 emissions?

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

Getty Images
Sponsored
Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

Keep reading Show less

10 books to check out from Jordan Peterson's 'Great Books' list

The Canadian professor has an extensive collection posted on his site.

Jordan Peterson with Carl Jung and the cover art of Jaak Panksepp's 'Affective Neuroscience' (Image: Chris Williamson/Getty Images/Big Think)
Personal Growth
  • Peterson's Great Books list features classics by Orwell, Jung, Huxley, and Dostoevsky.
  • Categories include literature, neuroscience, religion, and systems analysis.
  • Having recently left Patreon for "freedom of speech" reasons, Peterson is taking direct donations through Paypal (and Bitcoin).
Keep reading Show less

Scientists claim the Bible is written in code that predicts future events

The controversy around the Torah codes gets a new life.

Michael Drosnin
Surprising Science
  • Mathematicians claim to see a predictive pattern in the ancient Torah texts.
  • The code is revealed by a method found with special computer software.
  • Some events described by reading the code took place after the code was written.
Keep reading Show less

Should you invest in China's stock market? Know this one thing first.

Despite incredible economic growth, it is not necessarily an investor's paradise.

Videos
  • China's stock market is just 27 years old. It's economy has grown 30x over that time.
  • Imagine if you had invested early and gotten in on the ground floor.
  • Actually, you would have lost money. Here's how that's possible.