Robbing Consumers to Go Green
Strong Demand for Corn From Ethanol Plants Is Driving Up the Cost of Livestock
"Strong demand for corn from ethanol plants is driving up the cost of livestock and will raise prices for beef, pork and chicken, the Agriculture Department said Friday . . . "Companies will be forced to pass along rising costs to their customers, meaning consumers will pay significantly more for food," (Tyson Food's) Chief Executive Dick Bond said."
And when it comes to global warming, the European Union aint so, well, united:
"The member countries were struggling on Thursday night over German proposals for mandatory targets to generate 20 percent of energy from renewable sources like wind and solar power by 2020. At least a dozen countries, including Poland, the Czech Republic, and France, have expressed opposition to such targets, saying they are unrealistic and could prove too costly."
ADDENDUM:
It's baaaaaaaack . . . mainstream press hysteria over gasoline prices, that is.
The best part of the article is its tagline on the Yahoo Finance front page: "just in time for the peak summer driving season" . . . hyperbole. I love it.
Note the obligatory SUV bashing and Hybrid cheerleading near the end. It's become so predictable.