Corn-based ethanol production is sure to go down as one of the greatest mistakes ever in U.S. energy policy, yet it is so heavily embedded in election-year politics it just won't go away.
The government's recent move to boost ethanol production -- embedded in the Energy Independence and Security Act of 2007 -- panders to Midwestern and Southern farm-state electorates that are influential in presidential races, yet will end up costing the nation billions more than it purports to save.
I wrote about this scam back in October in a column titled, "Shuck the ethanol and let solar shine," but apparently for some reason my expression of outrage was not enough to prevent Congress from passing a law in late December that will cost taxpayers as much as $550 billion over the next four years.
Now scientists have finally completed research that shows ethanol is not only bad business but also bad for the environment. According to news reports, the latest issue of Science magazine highlights studies showing that biofuels produce more greenhouse gas emissions than fossil fuels when all of their production inputs are accounted for.
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