- Sep 21, 2012
- Reaction score
- Sin City
Another phony Greenie move that did nothing but reduce the amount of land growing corn to be fed to livestock and provided for human consumption. Didn’t do a thing to help the environment and actually hiked prices for things containing corn products.
The Renewable Fuel Standard (RFS) was pushed through under the Bush 43 administration at a time when rising gas prices and global warming were both weighing heavily on the minds of the public. Ethanol blending was touted as a way to fight both of those concerns.
So how has it worked out? According to the U.S. Government Accountability Office (GAO) it hasn’t done much on either score. The net effect on gas prices has been basically a wash and the changes have had only a negligible effect on emissions. (Bloomberg)
Read more @ Study: Biofuels aren't reducing gas prices or emissions