10/30/2010 – Chuck Rogér –
One of the heads of the Green Dragon has hissed again. Urged by the King Corn lobby, the EPA recently raised the limit on ethanol in gasoline from 10 to 15 percent, a change that will harm Americans and the environment. The environmental justice-obsessed agency is actually driving injustice that will profit farming conglomerates. The Obama administration’s corporatist soul is showing.
Barack Obama’s “green economy” is a mirage, for greenies cannot compete in the free market. My fellow Cajun, George Mason University economist Don Boudreaux, recently pointed out that “two fuels” power competition: “entrepreneurial freedom” and “consumer sovereignty.” By subsidizing green technology, government weakens both. [Read more…]