At A Better Earth it’s my job to watch out for the environment. But at Eternal Recurrence, I’m watching out for something far more important: your beer. So check out this article for a balanced look at how ethanol subsidies are messing with the barley supply, perhaps leading to some long-run price hikes in beer and contributing to the closing of several German malting plants. My favorite quote is this one:
“Farmers around the world are responding to the market signals and making planting decisions accordingly,” said Matt Hartwig, spokesman for the Renewable Fuels Association.”`It is a sign that the market is responding.”
Everyone loves the way markets work in other people’s industries.
Recent blogging from aBE:
Did NASA administrator need to apologize?
Caution: Pay-by-weight may cause burns
Coal comfort: Are coal-to-liquid subsidies a good idea?
To fight global warming, think small