Jasper Journal

Al Gore  finally admitted that the wasteful  and misguided policy on corn based ethanol was a mistake. WOW!  The all knowing and all seeing Alphonse admits that this critical green policy wasn’t ready. So what other critical save the earth policy wasn’t ready?

Worse yet, he revealed that his motivation wasnt totally based on the survival of the earth. Rather it was based partly on political calculations for his state and Iowa farmers where the  presidential primary would be held . So, Mr Gore isn’t as pure as the driven snow and isn’t as prescient as his supporters would have us believe.

I have posted the majority of the interview below. Normally I would not subject you to Gore based bloviating, but this is interesting.  Makes one question what else this charlatan has pushed for ulterior motives…. like carbon offsets for example where he is slated to make a killing financially? Just asking.

U.S. corn ethanol “was not a good policy”-Gore

By Gerard Wynn

ATHENS, Nov 22 (Reuters) – Former U.S. vice-president Al Gore said support for corn-based ethanol in the United States was “not a good policy”, weeks before tax credits are up for renewal.

U.S. blending tax breaks for ethanol make it profitable for refiners to use the fuel even when it is more expensive than gasoline. The credits are up for renewal on Dec. 31.

Total U.S. ethanol subsidies reached $7.7 billion last year according to the International Energy Industry, which said biofuels worldwide received more subsidies than any other form of renewable energy.

“It is not a good policy to have these massive subsidies for (U.S.) first generation ethanol,” said Gore, speaking at a green energy business conference in Athens sponsored by Marfin Popular Bank.

“First generation ethanol I think was a mistake. The energy conversion ratios are at best very small.

“It’s hard once such a programme is put in place to deal with the lobbies that keep it going.”

He explained his own support for the original programme on his presidential ambitions.

“One of the reasons I made that mistake is that I paid particular attention to the farmers in my home state of Tennessee, and I had a certain fondness for the farmers in the state of Iowa because I was about to run for president.”