Let’s see. The price of oil and fuel went up sharply and Congress subsidized ethanol production. In the higher priced fuel market, a marginally profitable alternative energy source became more economical with a subsidy. Food became more expensive due to increased fuel costs plus increased scarcity. Now, the UN and others blame the U.S. for causing food shortages.
Like hell. Oil producers effectively encouraged the U.S. to become more energy self-sufficient and the U.S. responded by diverting food carbon into energy production. We have a classic example of unintended consequences beginning with the manipulation of energy prices.
Subsidy of alternative energy production is probably a mistake because subsidies hide real economics and distort profitability, however, the despots-R-us UN is delusional in blaming the U.S. for causing hunger.
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