[Terrapreta] evil ethanol

Michael Bailes michaelangelica at gmail.com
Thu Apr 24 07:10:38 CDT 2008


Good
I'm glad the sarcasm came though
although I just found this in my inbox while trying to catch up on a bit of
mail
http://www.naturalnews.com/023092.html
m

2008/4/24 lou gold <lou.gold at gmail.com>:

> Excellent op-ed in today's NY Times about this...
>
> http://www.nytimes.com/2008/04/24/opinion/24cohen.html?hp
>
> Cohen misses the point about rising soybean prices having a ripple effect
> into Amazon deforestation but otherwise it's a good piece.
>
>
>
>
>
>
> On Thu, Apr 24, 2008 at 7:57 AM, lou gold <lou.gold at gmail.com> wrote:
>
> > I think that we understood that Michael but it was a good opportunity to
> > point out the distortions and
> >
> > >
> > > *
> > > I also suspect that a lot of the hysteria about ethanol and biofuels
> > > is being 'fuelled' by Big Oil.*
> > > * When you can make bio-fuel for $65 a barrel rather than $115 for oil
> > > you can see bio-fuels are a threat to Big Oil.*
> > >  Bio-fuel production is spread among thousands of farmers and
> > > producers not centralised into the hands of 5-6 Big Oil companies. Big Oil
> > > must be scared stiff by that.
> > >
> > > *ALSO*
> > > Last night the ABC News ran a segment  the NY stock exchange and food
> > > prices.
> > > . Money, they said, was flowing into food futures at an ever
> > > increasing rate (One BILLION a day now) as the stock market and the housing
> > > market had lost their appeal to Fund Managers and other Investors.
> > > It seems to me this is one of many reasons food prices are going up.
> > >
> > >
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