Friday, February 25, 2011

Pres. Clinton makes the right call on Ethanol, but does it get him in trouble with Mrs Clinton???

President Clinton makes a statement that, I assume, is none too pleasing to corn farmers and the ethanol lobby.  Considering the road to the White House starts in Iowa, a major corn growing state, I wonder if he cleared this through Mrs. Clinton or gave much thought to her future political career...Guessin' not...However, it IS encouraging to see a politician come out against this awful policy (although it was lukewarm).  When you don't have much at stake, it is much easier to be honest, I suppose.

Clinton: Too Much Ethanol Could Lead to Food Riots

Former President Bill Clinton on Thursday warned farmers that using too much corn for ethanol fuel could lead to higher food prices and riots in poor countries.

Clinton told farmers and Agriculture Department employees that he believes producing biofuels such as corn-based ethanol is important for reducing U.S. dependence on foreign oil. But, he said, farmers should look beyond domestic production and consider the needs of developing countries.

"We know that the way we produce and consume energy has to change, yet for farmers there are no simple answers," he said. "There is a way for us to do this and to do it right."

Clinton's foundation has worked to develop agribusiness in African countries such as Malawi and Rwanda. He said the United States needs to look at the long term, global effects of its farm policy.

"I think the best thing to say is we have to become energy independent, but we don't want to do it at the cost of food riots," Clinton said.
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