4/4/2008, UN official "called biofuels "a crime against humanity.""
-------------------------------------------
7/19/13, "The Ethanol Tax," Wall st. Journal. "It's costing you 10 cents a gallon this summer."
"The summer is high driving season, so $4 gasoline in many parts of the country will add to the cost of family vacations. The gas price is mostly dictated by supply and demand, but Washington is helping to keep prices high. We warned in "The Ethanol Gas-Pump Surcharge" on March 13 that the 2007 ethanol mandate was starting to raise prices at the pump. Congress and the White House did nothing and now the problem is getting worse.
In 2007 the Bush Administration and Congress mandated how much ethanol the oil and gas industry must purchase each year to be blended into gasoline. This year it is 13.8 billion gallons. The quotas were established when Washington thought gas consumption would rise year after year, but instead it has fallen.
Lower consumption means refiners are now nearing a "blend wall" of 10% ethanol per gallon. Most American motorists won't buy gas with more than 10% ethanol, partly to protect engines from damage and partly because of higher prices. The volume mandates are so high they would require more than 10% ethanol.
So under federal law refiners must comply with a complicated system of buying renewable energy credits to make up for the ethanol they don't use. These credits are called Renewable Identification Numbers, or RINs. Demand for RINs has surged and so their price has exploded. In January the RIN price was less than 10 cents a gallon, then it hit $1 in March and is now $1.40. This translates into a roughly $14 billion a year gas tax, or 10 cents a gallon more for consumers.
The quickest way for Washington to lower prices would be to repeal the ethanol quotas. But White House energy adviser Heather Zichal said this week that repeal would be "shortsighted" because the mandate combats climate change. But even environmentalists (including Al Gore) now concede that ethanol probably increases carbon emissions.
The ethanol quota is scheduled to rise again in 2014 and many energy market experts believe this could add another 10 to 25 cents per gallon of gas. Only Washington could come up with such a scheme."
===========================
4/14/13, "Biofuels: 'Irrational' and 'worse than fossil fuels'," BBC, McGrath
------------------------------------------------
April 2013, "The Trouble with Biofuels: Costs and Consequences of Expanding Biofuel Use in the United Kingdom," ChathamHouse.org, Rob Bailey
.
p. 6, "Increase in US corn ethanol use
.
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Big banks love ethanol, say it's a matter of 'national security' to them:
9/5/12, “Bankers: Ethanol at heart of corn, farm pricing structure,” Reuters
.
“The facts, they say, show that ethanol is now bolted on to the core of three huge industries: energy, meat and banking....
“Corn can be a national security issue for this
country,” said Curt Covington, senior vice president for agricultural and rural banking at Bank of the West,the second largest commercial lender to U.S.
farmers. “That’s where we are right now.”"...
.
=============================
3/20/13, "Corn Ethanol Fuels Riots" Walter Russell Mead, The American Interest
"Corn ethanol gets just about everything wrong: it increases
emissions, it starves the world’s poor, it isn’t efficient, and it
drains billions of taxpayer dollars in subsidies. As it turns out, it
might also be responsible for last year’s violent labor protests in
South Africa and food protests in Haiti and Argentina. The story was
covered here at The American Interest last October, but on Monday Real Clear Energy gave a nice summary touching on the correlation between food prices and civil unrest...
UN official calls biofuels "a crime against humanity:"
4/4/2008, “UN chief calls for review of biofuels policy,” UK Guardian, Julian Borger
Oil refiner Valero Energy Corp Chief Executive Bill Klesse said the government’s renewable fuel mandate is affecting prices in the refined fuel market, repeating a long-standing source of aggravation for the energy industry. …
.
“The thing the government can do is to get a hold of RINs,” Klesse said. “RINs are out of control.”"
====================
.
"The UN urged
the US to cut its ethanol mandates last August to help ease spiking
world food prices....If not for the sake of emissions, efficiency, or the world’s
starving poor, then for a more stable geopolitical landscape."...
.
.
===========================
UN official calls biofuels "a crime against humanity:"
4/4/2008, “UN chief calls for review of biofuels policy,” UK Guardian, Julian Borger
.
“Ban Ki-moon speaks out amid global food shortage, 33 countries facing unrest as families go hungry”
“The UN’s own special rapporteur on the right to food, Jean Ziegler,
.
Biofuels have driven up global food prices by 75%:
.
7/4/2008, “Biofuels May Be Even Worse than First Thought,” Der Spiegel
.
.
called biofuels “a crime against humanity”,
and called for a five-year moratorium….
The UN secretary-general, Ban Ki-moon, has called for a comprehensive review of the policy on biofuels as a crisis in global food prices – partly caused by the increasing use of crops for energy generation - threatens to trigger global instability.”…
and called for a five-year moratorium….
The UN secretary-general, Ban Ki-moon, has called for a comprehensive review of the policy on biofuels as a crisis in global food prices – partly caused by the increasing use of crops for energy generation - threatens to trigger global instability.”…
==========================
Biofuels have driven up global food prices by 75%:
.
.
“Biofuels have driven up global food prices by 75 percent, according to the Guardian
report, accounting for more than half of the 140 percent jump in price
since 2002 of the food examined by the study. The paper claims that the
report, completed in April, was not made public in order to avoid
embarrassing US President George W. Bush….
“Political leaders seem intent on suppressing and ignoring the strong evidence that biofuels are a major factor in recent food price rises,” Oxfam policy advisor Robert Bailey told the Guardian on Friday."…
========================
.
“Political leaders seem intent on suppressing and ignoring the strong evidence that biofuels are a major factor in recent food price rises,” Oxfam policy advisor Robert Bailey told the Guardian on Friday."…
========================
Even Mayor Bloomberg who has financial interests in the CO2 terror industry says ethanol causes people to starve to death (translation: ethanol is genocide).
.
.
2/11/08, "Bloomberg slams U.S. energy law over corn ethanol" Reuters by Louis Charbonneau and Timothy Gardner
.
"A new U.S. energy law will cause an increase in global food prices and lead to starvation deaths worldwide because it continues to promote corn ethanol, New York Mayor Michael Bloomberg said on Monday.
after addressing a U.N. General Assembly debate on climate change."...
=========================
11/16/12, “EPA rejects governors’ requests to waive ethanol mandate,” Houston Chronicle, Jennifer Dlouhy
.
.
"A new U.S. energy law will cause an increase in global food prices and lead to starvation deaths worldwide because it continues to promote corn ethanol, New York Mayor Michael Bloomberg said on Monday.
- "People literally will starve to death in parts of the world,
- it always happens when food prices go up," Bloomberg told reporters
after addressing a U.N. General Assembly debate on climate change."...
=========================
11/16/12, “EPA rejects governors’ requests to waive ethanol mandate,” Houston Chronicle, Jennifer Dlouhy
.
“The Obama administration on Friday rebuffed requests by Texas Gov. Rick Perry and the leaders of several other states to waive a federal renewable fuel mandate that requires ethanol to be blended into the nation’s gasoline supply.
In rejecting the waiver requests, the Environmental Protection Agency effectively disagreed with the states’ concerns that the mandate was spiking corn demand and prices following a drought that devastated crops in the Midwest. The EPA concluded the Renewable Fuel Standard would not cause “severe economic harm” to states and regions."...
========================
10/28/11, “UK firm’s failed biofuel dream wrecks lives of Tanzania villagers,” UK Guardian, Damian Carrington
==========================
Al Gore said he lied about the efficacy of corn ethanol in an attempt to get elected president:
.
In rejecting the waiver requests, the Environmental Protection Agency effectively disagreed with the states’ concerns that the mandate was spiking corn demand and prices following a drought that devastated crops in the Midwest. The EPA concluded the Renewable Fuel Standard would not cause “severe economic harm” to states and regions."...
========================
10/28/11, “UK firm’s failed biofuel dream wrecks lives of Tanzania villagers,” UK Guardian, Damian Carrington
==========================
Al Gore said he lied about the efficacy of corn ethanol in an attempt to get elected president:
.
11/22/10, "US corn ethanol "was not a good policy"-Gore," Reuters
===========================
World Bank begs killer US to end ethanol quotas:
8/9/12, "Easing US ethanol mandate would help prevent food crisis-UN," Reuters
.
"Global pressure on the United States to relax its ethanol quota mounted on Thursday as the top World Bank food official said an "immediate, temporary suspension" of the mandate could help head off another world food crisis."...
------------------------------------------------------
4/8/11, "Defund Ethanol," IBD editorial
.
"It takes about 1,700 gallons of water to produce one gallon of ethanol. Each acre of corn requires
===========================
World Bank begs killer US to end ethanol quotas:
8/9/12, "Easing US ethanol mandate would help prevent food crisis-UN," Reuters
.
"Global pressure on the United States to relax its ethanol quota mounted on Thursday as the top World Bank food official said an "immediate, temporary suspension" of the mandate could help head off another world food crisis."...
------------------------------------------------------
4/8/11, "Defund Ethanol," IBD editorial
.
"It takes about 1,700 gallons of water to produce one gallon of ethanol. Each acre of corn requires
130 pounds of nitrogen and 55 pounds of
phosphorous. Increased acreage means increased agricultural runoff
that is creating aquatic "dead zones" in our rivers, bays and coastal
areas."...
===================
7/19/12, "Ethanol Added $14.5 Billion to Consumer Motor Fuel Costs in 2011, Study Finds," GlobalWarming.org, Marlo Lewis
============================
6/4/12, “Climate change stunner: USA leads world in CO2 cuts since 2006,” Vancouver Observer, Saxifrage
===================================
7/19/12, "Ethanol Added $14.5 Billion to Consumer Motor Fuel Costs in 2011, Study Finds," GlobalWarming.org, Marlo Lewis
============================
6/4/12, “Climate change stunner: USA leads world in CO2 cuts since 2006,” Vancouver Observer, Saxifrage
.
7/17/13, "Hitting the “blend wall”: Renewable fuel credit prices hit an all-time high," Hot Air, Erika Johnsen
"The Renewable Fuels Standard — that oh so ingenious method of creating a fake market for a not-green, not-clean, food-price-spiking, special-interest-serving and overall terrible product — requires that the nation’s refiners blend an ever-increasing volume of specified and so-called biofuels into the fuel supply. Refiners, however, are insisting that we’re now getting to a point at which mixing the required volumes will exceed the 10 percent ethanol threshold they find acceptable for use in cars and trucks, a.k.a. hitting the “blend wall.” Refiners that don’t manage to achieve the mandated volume of biofuels are required to purchase credits (RINs), and heightened demand for the credits is steadily pushing up their prices as the “blend wall” gets closer:
"The price of US ethanol credits has notched a new high as oil companies scramble to comply with a biofuels mandate that Washington has given no hint of easing.
.
"The Renewable Fuels Standard — that oh so ingenious method of creating a fake market for a not-green, not-clean, food-price-spiking, special-interest-serving and overall terrible product — requires that the nation’s refiners blend an ever-increasing volume of specified and so-called biofuels into the fuel supply. Refiners, however, are insisting that we’re now getting to a point at which mixing the required volumes will exceed the 10 percent ethanol threshold they find acceptable for use in cars and trucks, a.k.a. hitting the “blend wall.” Refiners that don’t manage to achieve the mandated volume of biofuels are required to purchase credits (RINs), and heightened demand for the credits is steadily pushing up their prices as the “blend wall” gets closer:
"The price of US ethanol credits has notched a new high as oil companies scramble to comply with a biofuels mandate that Washington has given no hint of easing.
.
The small, illiquid market has surged more than 2,300 per cent this
year as petrol refiners and importers fear scarce future stocks of the
credits.
The credits, known as renewable identification numbers, jumped to a record $1.25 per gallon early on Monday, surpassing previous levels reached in March, according to Starfuels, a broker. …
The US Environmental Protection Agency, which administers the mandate, has said it plans to announce targets for ethanol consumption this summer."
And you can count on the EPA planning to hike up the mandate still further — seeing as how they’ve been known to not only model some of those requirements after their completely fanciful projection models for cellulosic biofuels that aren’t actually commercially available in the required amounts, but to then try to penalize companies for not complying. …And then raise those requirements for said non-existent biofuels, again. Yes, this is real life.
And while they definitely do not constitute a complete reason for the rise in gasoline prices, these mandated credits are definitely a factor in prices at the pump.
"A leading U.S. oil executive urged legislators on Tuesday to relax a requirement to use renewable fuel in gasoline, blaming an “out of control” market in biofuel credits known as RINs for adding to fuel costs in a recent run-up in gasoline prices.
At a Senate Energy Committee hearing, lawmakers sought answers for why a surge in domestic crude oil production to the highest level in over two decades had failed to bring down fuel prices. Average U.S. gasoline rates jumped 15 cents over the past week to $3.64 a gallon on Monday, data showed.
The credits, known as renewable identification numbers, jumped to a record $1.25 per gallon early on Monday, surpassing previous levels reached in March, according to Starfuels, a broker. …
The US Environmental Protection Agency, which administers the mandate, has said it plans to announce targets for ethanol consumption this summer."
And you can count on the EPA planning to hike up the mandate still further — seeing as how they’ve been known to not only model some of those requirements after their completely fanciful projection models for cellulosic biofuels that aren’t actually commercially available in the required amounts, but to then try to penalize companies for not complying. …And then raise those requirements for said non-existent biofuels, again. Yes, this is real life.
And while they definitely do not constitute a complete reason for the rise in gasoline prices, these mandated credits are definitely a factor in prices at the pump.
"A leading U.S. oil executive urged legislators on Tuesday to relax a requirement to use renewable fuel in gasoline, blaming an “out of control” market in biofuel credits known as RINs for adding to fuel costs in a recent run-up in gasoline prices.
At a Senate Energy Committee hearing, lawmakers sought answers for why a surge in domestic crude oil production to the highest level in over two decades had failed to bring down fuel prices. Average U.S. gasoline rates jumped 15 cents over the past week to $3.64 a gallon on Monday, data showed.
Oil refiner Valero Energy Corp Chief Executive Bill Klesse said the government’s renewable fuel mandate is affecting prices in the refined fuel market, repeating a long-standing source of aggravation for the energy industry. …
.
“The thing the government can do is to get a hold of RINs,” Klesse said. “RINs are out of control.”"
====================
Comment: Ethanol is genocide but no one cares.
.
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