Ethanol EXPOSED

  For some mysterious reason, politicians have finally discovered that ethanol is a terrible product that is more expensive to create and more polluting to the atmosphere. Now cross party politicians have agreed and are petitioning that its subsidy be stopped. Huh. NY Times:

“Eliminating or reducing ethanol subsidies and trade barriers are important steps we can take to reduce the budget deficit, improve the environment, and lessen our reliance on imported oil,” the senators wrote to the Democratic majority leader, Senator Harry Reid, and the Republican minority leader, Senator Mitch McConnell.

  Huh. This is been known for years, but only since Al Gore admitted that he pushed it to help get elected. Again, we ask how many other billions of dollars are spent on politicians' pet projects, useless bridges to nowhere, studies of tsetse fly sex organs, studies on vietnamese hookers' sexual habits, buying brand new gas guzzling vehicles every year for letting politicians' kids drive around in Detroit, "conferences" in Cancun where nobody attends the meetings or they do so for a few hours just to complain about others' energy use. 
  Well, you get the picture.
  From the WSJ:

Meanwhile, the greens have slowly turned against corn ethanol, thanks to the growing scientific evidence that biofuels increase carbon emissions more than fossil fuels do. But the boondoggle lives on in dreams for so-called advanced fuels like cellulosic ethanol. Note Mr. Gore's objection only to "first generation," though we've been hearing that advanced ethanol is just a year or two away from viability for two decades.

More from The Daily Beast:

"Politicians are loathe to oppose the ethanol scam, particularly if they are running for president."