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Overtime with Mike Adams

RSS By: Mike Adams, AgWeb.com

The AgriTalk broadcast is done for today, but the conversation continues. AgriTalk host Mike Adams shares his thoughts and opinions on the news of the week and invites your feedback.

The Scapegoating of the RFS Continues

Jun 20, 2013

Not satisfied with the removal of subsidies for renewable fuels, critics have launched an all out effort to repeal the Renewable Fuels Standard and prevent E 15 from reaching the market place.  Despite studies to the contrary, ethanol in particular continues to be blamed for rising food costs, engine damage and environmental problems.  I'm surprised critics haven't found a way to blame ethanol for the IRS scandal too.  While I understand concerns about mandates, where is the outcry against the big oil mandate and subsidies? We keep hearing about the domestic oil boom that is underway but still we see high prices at the pump.  Not a bad deal for the oil industry.  They have more product to sell at higher prices and still get people to blame ethanol. Obviously addictions are hard to break and our oil addiction is no exception.  However that is no excuse for not trying.  We need more fuel supply diversity not less. Are we really to believe that if the RFS is repealed food prices will drop, engines won't break down and the environment will be pristine?  No doubt other excuses would be offered to explain why those things didn't happen but until then the RFS remains a convenient scapegoat. 

 

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