Al Gore – Ethanol, Politics, Pandering, and Other Inconvenient Truths
Ed Wallace has an excellent article describing the current political climate for the increase in the percentage of federally subsidized ethanol in gasoline… via BusinessWeek.com
My favorite excerpt:
But ethanol’s newest public-relations problem actually started in the
last eight days of November. Having been fervidly pro-ethanol in the
last decade of his political career, former Vice-President Al Gore
reversed course and apologized for supporting ethanol. Of course, Gore’s reason for taking his original position was perfectly understandable—to a politician. As he told energy conference attendees in Athens, Greece, “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 of Iowa because I was about to run for President.”