If ethanol subsidies haven’t made you mad already, perhaps this will: the resulting spike in corn prices is causing agave farmers to pull up their plants and replace them with corn. You know what that means? Less tequila!
Of course, less tequila leads to less drinking, which leads to more driving, which leads to more emissions, and thus a net loss for the environment. Ok, well, maybe not. But I do have a more serious post up today about the folly of ethanol subsidies at A Better Earth. I apologize in advance for the terrible pun in the title.