The reprehensible ethanol boondoggle is leading to huge increases in the price of food:
Steak prices are up 5.5% from a year ago, and whole chickens are up 7.7%, according to the Labor Department. Costly energy is partly to blame. The push to ramp up ethanol as a gasoline substitute has caused the price of corn — a primary ethanol ingredient — to nearly double, boosting feed costs for many farm animals.
Meanwhile, it appears people are prepared to eat less to continue driving, and once again the effect is manifested most among the poor:
But a new survey by the Food Marketing Institute, an organization representing grocers and food wholesalers, found that more than 40% of consumers are changing their food-buying habits due to high gas prices.
Wealthier people aren’t changing their behaviors much, according to the study, but people who are eating differently are cooking more, eating more leftovers, buying cheaper store brands and eating out less or at cheaper restaurants.
So, emissions are unaffected and the poor are making tougher choices. Now it may be that some of the choices they make are actually beneficial in some ways, but there is an opportunity cost effect. It isn’t too far of a leap to suggest that “food insecurity” may be increased by the ethanol policy, with no reduction in emissions.
What a triumph for the “moderate” greens.






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