The ethanol industry is happy with the Environmental Protection Agency today. If you’re worried about the price of meat, though, you may not be so pleased.
Even though corn is in short supply, because of this summer’s historic drought, the EPA just announced that it will keep in place a federal rule that requires more than a third of the nation’s corn to be converted into ethanol and blended into gasoline.
Meat producers and anti-hunger advocates were outraged. Because the law protects the flow of corn into fuel, they say, it drives corn prices higher for everyone else. Kristin Sundell, from ActionAid USA, predicted that “people around the world will go hungry due to spiking food prices while the EPA stubbornly clings to its misplaced faith in biofuels as a sustainable energy solution.” A coalition of dairy, poultry, and livestock producers asked “how many more jobs and family farms have to be lost before we change this misguided policy.”
Read more at VPR News. By Dan Charles.