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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 443.60+1.5%Jan 21 4:00 PM EST
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To: Cogito Ergo Sum who wrote (32204)4/3/2008 4:23:54 AM
From: Maurice Winn  Read Replies (2) of 219612
 
It looks as though biofuels are on their way out.

The dopey idea of burning food in SUVs when perfectly good oil is sitting in the ground is getting the bad press it deserves due to food price rises and hungry people.

Not only will biofuels do nothing to cut CO2 content of air, [obviously - the content of the air is purely a function of how much is burned, not what the source is].

Cutting down trees to plant switchgrass to fuel SUVs is dopey.

It's far easier, fuel efficient and sensible to just burn oil, cut taxes on cyberspace and increase taxes by the same amount on carbon. Then people will do things in cyberspace or in little, efficient, vehicles instead of roaring around in tons of steel to buy a Happy Meal.

The dopey Greenhouse Effect doomsters worrying about people from Vanuatu being relocated to avoid a 50cm sea level rise are now realizing that their silly ideas are going to cause umpty million people to die of hunger! And not in 50 or 100 years, but this year and the next few.

In fact, relocating people 50 metres above sea level is an excellent idea to avoid tsunamis due to bolide splash downs, not because they'll be caught by a 50cm tide rise over half a century.

Mqurice
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