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...several new studies show the biofuel boom is doing exactly the opposite of what its proponents intended: it's dramatically accelerating global warming, imperiling the planet in the name of saving it. Corn ethanol, always environmentally suspect, turns out to be environmentally disastrous. Even cellulosic ethanol made from switchgrass, which has been promoted by eco-activists and eco-investors as well as by President Bush as the fuel of the future, looks less green than oil-derived gasoline...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

...with ethanol could feed a person for a year. Harvests are being plucked to fuel our cars instead of ourselves. The U.N.'s World Food Program says it needs $500 million in additional funding and supplies, calling the rising costs for food nothing less than a global emergency. Soaring corn prices have sparked tortilla riots in Mexico City, and skyrocketing flour prices have destabilized Pakistan, which wasn't exactly tranquil when flour was affordable...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

...less direct and less obvious. In Brazil, for instance, only a tiny portion of the Amazon is being torn down to grow the sugarcane that fuels most Brazilian cars. More deforestation results from a chain reaction so vast it's subtle: U.S. farmers are selling one-fifth of their corn to ethanol production, so U.S. soybean farmers are switching to corn, so Brazilian soybean farmers are expanding into cattle pastures, so Brazilian cattlemen are displaced to the Amazon. It's the remorseless economics of commodities markets. "The price of soybeans goes up," laments Sandro Menezes, a biologist with Conservation International...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

...environmental cost of this cropland creep is now becoming apparent. One groundbreaking new study in Science concluded that when this deforestation effect is taken into account, corn ethanol and soy biodiesel produce about twice the emissions of gasoline. Sugarcane ethanol is much cleaner, and biofuels created from waste products that don't gobble up land have real potential, but even cellulosic ethanol increases overall emissions when its plant source is grown on good cropland. "People don't want to believe renewable fuels could be bad," says the lead author, Tim Searchinger, a Princeton scholar and former Environmental Defense attorney...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

...elements involved. Instead of pursuing those modest, non-fanciful solutions that we have reason to believe might work (like forest management to increase carbon uptake and a carbon tax), we’ve seen millions of dollars plunged into a wasteful scheme that shuttles money directly from taxpayer to corn farmer, nastily hiking world food prices...

Author: By Juliet S. Samuel | Title: Hello, Ethanol. Goodbye, Bacon. | 3/12/2008 | See Source »

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