Gore Comes Clean
Gotta love it when a lefty is actually honest…
“It is not a good policy to have these massive subsidies for (U.S.) first generation ethanol,” said Gore, speaking at a green energy business conference in Athens sponsored by Marfin Popular Bank.
“First generation ethanol I think was a mistake. The energy conversion ratios are at best very small.
“It’s hard once such a programme is put in place to deal with the lobbies that keep it going.”
He explained his own support for the original programme on his presidential ambitions.
“One of the reasons I made that mistake is that I paid particular attention to the farmers in my home state of Tennessee, and I had a certain fondness for the farmers in the state of Iowa because I was about to run for president.”
Too bad his honesty comes so late… after a lot of the damage has already been done.
A food-versus-fuel debate erupted in 2008, in the wake of record food prices, where the biofuel industry was criticised for helping stoke food prices.
Gore said a range of factors had contributed to that food price crisis, including drought in Australia, but said there was no doubt biofuels have an effect.
“The size, the percentage of corn particularly, which is now being (used for) first generation ethanol definitely has an impact on food prices.
“The competition with food prices is real.”
What’s next, Obama admitting that he really has no interest in the hard work of the Presidency, just the trappings of power?