Time notes that corn-based ethanol, etc., were getting their own stress tests at the same time as banks. And, doing just as badly, if not worse.
Big Ag now has government handwriting on the wall that ethanol, in particular, is carbon-negative compared to gasoline, and biodiesel isn’t very much carbon-positive compared to petroleum diesel.
And, this doesn’t count land-use issues.
Dick Cheney famously, or infamously, disparaged conservation.
The Obama Administration hasn’t done that, but it has yet to issue an explicit statement in favor of energy conservation. Solar and wind for electricity are good, as are alt-fuels if carbon positive, but they can’t do all the lifting. Americans need to do more to use less electricity and less fuel. It’s that simple.
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