Arguments put forward to support ethanol and other biofuels hold water like sieves – leaking billions of gallons of precious fresh water that are required to produce this expensive, unsustainable energy.
These and other renewable energy programs may have originated for the best of intentions. However, the assumptions underlying those intentions are questionable, at best. Many are rooted in anti-hydrocarbon worldviews and Club of Rome strategies that raised the specter of “looming disasters” like resource depletion and catastrophic manmade global warming, in which the “real enemy” is “humanity itself.” They also underscore how hard it is to alter policies and programs once they have been launched by Washington politicians, creating armies of special interests, lobbyists and campaign contributors.
A review of biofuel justifications shows why these programs must be revised – or (preferably) scrapped.
* Renewable fuels will prevent oil depletion and reduce imports. Baloney. US oil and natural gas were declining and imports rising for decades, because environmentalists and politicians blocked leasing and drilling. The very people decrying the situation were causing it. They wanted to justify a non-hydrocarbon future that would give them greater control over our economy and lives – and build a political power base that tied them and votes to farmers and companies that benefitted from this Washington-mandated industry and vast wealth transfers from taxpayers and consumers to the new energy cartel.
In reality, the United States has vast storehouses of petroleum. Hydraulic fracturing alone has unlocked billions of barrels of oil equivalent energy, created 1.7 million jobs, generated hundreds of billions of dollars in economic activity and government revenues, and made America the world’s number one energy producing nation. Opening up areas that are now closed to leasing would build on this record.
This renewed production also reduced oil imports – even as increasing ethanol mandates and a persistent drought have forced the USA to import ethanol from Brazil. So now we’re importing oil and ethanol!
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