....several new studies show the biofuel boom is doing exactly the
opposite of what its proponents intended: it's dramatically
accelerating global warming, imperiling the planet in the name of
saving it. Corn ethanol, always environmentally suspect, turns out to
be environmentally disastrous. Even cellulosic ethanol made from
switchgrass, which has been promoted by eco-activists and
eco-investors as well as by President Bush as the fuel of the future,
looks less green than oil-derived gasoline.
Meanwhile, by diverting grain and oilseed crops from dinner plates to
fuel tanks, biofuels are jacking up world food prices and endangering
the hungry. The grain it takes to fill an SUV tank with ethanol could
feed a person for a year. Harvests are being plucked to fuel our cars
instead of ourselves. The U.N.'s World Food Program says it needs $500
million in additional funding and supplies, calling the rising costs
for food nothing less than a global emergency. Soaring corn prices
have sparked tortilla riots in Mexico City, and skyrocketing flour
prices have destabilized Pakistan, which wasn't exactly tranquil when
flour was affordable...
http://www.time.com/time/magazine/article/0,9171,1725975,00.html
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