Fact of the Day: May 2, 2008

By Greg K on May 9, 2008 8:48 PM | | Comments (0)

I found this interesting posting on the InsiderOnline Blog Archive posted by Alex Adrianson.

Check it out and follow the links.

Fact of the Day: Ethanol and Food Inflation

According to researchers at Purdue University, increasing food prices cost U.S. consumers an extra $22 billion in 2007. Of those costs, $15 billion are attributable to increasing demand for growing crops for ethanol.

(Cited in Ethanol and Other Biofuels: A Global Warming Solution Worse Than the Problem, by Ben Lieberman, Heritage Foundation, May 2, 2008.)

Posted on 05/06/08 10:42 AM by Alex Adrianson

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This page contains a single entry by Greg K published on May 9, 2008 8:48 PM.

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