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	<title>OpenMarket.org &#187; Energy</title>
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	<link>http://www.openmarket.org</link>
	<description>The Competitive Enterprise Institute Blog</description>
	<pubDate>Mon, 12 May 2008 10:21:39 +0000</pubDate>
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			<item>
		<title>Farm Bill veto would be richly deserved</title>
		<link>http://www.openmarket.org/2008/05/09/farm-bill-veto-would-be-richly-deserved/</link>
		<comments>http://www.openmarket.org/2008/05/09/farm-bill-veto-would-be-richly-deserved/#comments</comments>
		<pubDate>Fri, 09 May 2008 15:54:29 +0000</pubDate>
		<dc:creator>Fran Smith</dc:creator>
		
		<category><![CDATA[Agriculture]]></category>

		<category><![CDATA[Energy]]></category>

		<category><![CDATA[Politics as Usual]]></category>

		<category><![CDATA[biofuels]]></category>

		<category><![CDATA[farm bill]]></category>

		<category><![CDATA[veto]]></category>

		<guid isPermaLink="false">http://www.openmarket.org/?p=3257</guid>
		<description><![CDATA[Right after House-Senate conferees announced that they had reached agreement on a new farm bill yesterday, the U.S. Secretary of Agriculture said that President Bush would veto it because it didn’t reform wasteful farm programs, continued to provide subsidies to rich farmers, and still used some budget machinations to hide the costs.  
Indeed, the [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal">Right after <a href="http://www.nytimes.com/2008/05/09/washington/09farm.html?ref=us">House-Senate conferees announced</a> that they had reached agreement on a new farm bill yesterday, the U.S. Secretary of Agriculture said that President Bush would veto it because it didn’t reform wasteful farm programs, continued to provide subsidies to rich farmers, and still used some budget machinations to hide the costs. <span> </span></p>
<p class="MsoNormal">Indeed, the boondoggle bill deserves a White House rejection for its almost $300 billion of farm programs that will be paid for by taxpayers and consumers. <span> </span>Farm bills, however, no matter how wasteful, have a way of surviving, and this legislation may be no exception, since it’s a case study of bipartisanship gone bad.<span> </span></p>
<p class="MsoNormal">Besides the sugar provisions we’ve written about <a href="../2008/05/06/job-killing-sugar-quotas-continue-milking-consumers/">here</a> and <a href="http://http//www.openmarket.org/2008/05/06/job-killing-sugar-quotas-continue-milking-consumers/">here</a>, the biofuels programs’ grants and loan guarantees, plus moneys for R&amp;D and “energy efficiency” projects, together with the extension of the tariff on imported ethanol, will continue to exacerbate the food vs. fuel program.</p>
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		<item>
		<title>How ethanol producers see the world</title>
		<link>http://www.openmarket.org/2008/05/08/how-ethanol-producers-see-the-world/</link>
		<comments>http://www.openmarket.org/2008/05/08/how-ethanol-producers-see-the-world/#comments</comments>
		<pubDate>Thu, 08 May 2008 14:59:03 +0000</pubDate>
		<dc:creator>Ivan Osorio</dc:creator>
		
		<category><![CDATA[Agriculture]]></category>

		<category><![CDATA[Culture]]></category>

		<category><![CDATA[Energy]]></category>

		<category><![CDATA[Global Warming]]></category>

		<guid isPermaLink="false">http://www.openmarket.org/?p=3255</guid>
		<description><![CDATA[From The Onion. (Yes, it&#8217;s ironic. )


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			<content:encoded><![CDATA[<p>From <a href="http://www.theonion.com/content/cartoon/may-05-2008"><em>The Onion</em></a>. (Yes, it&#8217;s ironic. )</p>
<p><img src="http://www.theonion.com/content/files/images/KellyEthanol.jpg" alt="" width="418" height="294" /></p>
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		<title>Slow pace of corn planting &#8212; more pressures on prices</title>
		<link>http://www.openmarket.org/2008/05/08/slow-pace-of-corn-planting-more-pressures-on-prices/</link>
		<comments>http://www.openmarket.org/2008/05/08/slow-pace-of-corn-planting-more-pressures-on-prices/#comments</comments>
		<pubDate>Thu, 08 May 2008 14:36:33 +0000</pubDate>
		<dc:creator>Fran Smith</dc:creator>
		
		<category><![CDATA[Agriculture]]></category>

		<category><![CDATA[Energy]]></category>

		<category><![CDATA[Add new tag]]></category>

		<category><![CDATA[corn planting]]></category>

		<category><![CDATA[ethanol]]></category>

		<category><![CDATA[prices]]></category>

		<guid isPermaLink="false">http://www.openmarket.org/?p=3253</guid>
		<description><![CDATA[This year’s corn crop is being planted much later than normal because of cool, wet weather in the Corn Belt and other production areas, according to a Reuter’s story today.   The slow planting has caused a jump in corn futures:

Corn futures at the Chicago Board of Trade surged as much as 4 percent on Tuesday, [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="0in 0in 0pt;"><span style="Times New Roman;">This year’s corn crop is being planted much later than normal because of cool, wet weather in the Corn Belt and other production areas, according to a </span><a href="http://www.reuters.com/article/reutersEdge/idUSN0645374920080506?pageNumber=2&amp;virtualBrandChannel=10005"><span style="Times New Roman;">Reuter’s story</span></a><span style="Times New Roman;"> today. <span style="yes;">  </span>The slow planting has caused a jump in corn futures:</span></p>
<blockquote>
<p class="MsoNormal" style="0in 0in 12pt;"><span style="'Times New Roman';"><span style="small;"><span style="Times New Roman;">Corn futures at the Chicago Board of Trade surged as much as 4 percent on Tuesday, with an all-time high of $6.60-3/4 a bushel set by the July 2009 contract.</span></span></span></p>
</blockquote>
<p class="MsoNormal" style="0in 0in 12pt;"><span style="'Times New Roman';"><span style="Times New Roman;">According to the U.S. Department of Agriculture’s </span><a href="http://www.usda.gov/oce/weather/pubs/Weekly/Wwcb/wwcb.pdf"><span style="Times New Roman;">weekly agriculture summary</span></a><span style="small;"><span style="Times New Roman;">, the pace of planting is significantly slower this year:</span></span></span></p>
<blockquote>
<p class="MsoNormal" style="none;"><span style="small;"><span style="Times New Roman;"><strong><span style="'Times New Roman';">Corn: </span></strong><span style="'Times New Roman';">Twenty-seven percent of the Nation’s corn crop was planted by week’s end, 18 and 32 points behind last year and the 5-year average, respectively. In the central Corn Belt, Ohio Valley, Tennessee Valley, and central Great Plains, producers gained momentum and were able to plant 20 percent or more of their crop between rain showers, but remained well behind normal in most areas. Elsewhere, farmers planted at a slower pace, awaiting warm, dry conditions to resume fieldwork. Progress was the farthest behind normal from Missouri and Illinois northward.</span></span></span></p>
</blockquote>
<p class="MsoNormal" style="0in 0in 12pt;"><span style="'Times New Roman';"><span style="small;"><span style="Times New Roman;">If lower crop production occurs, higher prices could add to rising food costs.</span></span></span></p>
<p class="MsoNormal" style="0in 0in 0pt;"><span style="Times New Roman;">And, of course, the increased use of corn for biofuels has exacerbated the rise. <span style="yes;"> </span>As the USDA noted in a </span><a href="http://www.ers.usda.gov/Publications/WRS0801/WRS0801.pdf"><span style="Times New Roman;">May 2008 report</span></a><span style="Times New Roman;">:</span></p>
<blockquote>
<p class="MsoNormal" style="none;"><span style="Times-Roman;"><span style="small;"><span style="Times New Roman;">The data suggest that while U.S. corn used for ethanol production had only a small effect on global markets in the 1980s and 1990s, the increase in U.S. ethanol production over the past 5 years and the related significant changes in the structure of the U.S. corn market have had a more pronounced impact on the world’s supply and demand balance for total coarse grains recently. Importantly, since the United States is the world’s largest corn exporter, some of the higher prices resulting from increased U.S. demand has spilled over onto world markets.</span></span></span></p>
</blockquote>
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		<item>
		<title>Drill for Oil to Save the Environment</title>
		<link>http://www.openmarket.org/2008/04/30/drill-for-oil-to-save-the-environment/</link>
		<comments>http://www.openmarket.org/2008/04/30/drill-for-oil-to-save-the-environment/#comments</comments>
		<pubDate>Wed, 30 Apr 2008 16:34:50 +0000</pubDate>
		<dc:creator>Hans Bader</dc:creator>
		
		<category><![CDATA[Agriculture]]></category>

		<category><![CDATA[Economic Liberty]]></category>

		<category><![CDATA[Energy]]></category>

		<category><![CDATA[Environment]]></category>

		<category><![CDATA[Global Warming]]></category>

		<category><![CDATA[International]]></category>

		<category><![CDATA[Politics as Usual]]></category>

		<category><![CDATA[Precaution &amp; Risk]]></category>

		<category><![CDATA[Sanctimony]]></category>

		<guid isPermaLink="false">http://www.openmarket.org/?p=3215</guid>
		<description><![CDATA[In the Washington Post, Robert Samuelson&#8217;s column &#8220;Start Drilling&#8220; points out that ethanol production is far worse for the environment than drilling for oil in Alaska&#8217;s Arctic tundra, yet Congress promotes ethanol subsidies to reduce our reliance on foreign oil, even as it blocks drilling in the Arctic and &#8221;the Atlantic and Pacific coasts&#8221; that would do far more to reduce our reliance [...]]]></description>
			<content:encoded><![CDATA[<p>In the Washington Post, Robert Samuelson&#8217;s column &#8220;<a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/04/29/AR2008042902394.html">Start Drilling</a>&#8220; points out that ethanol production is far worse for the environment than drilling for oil in Alaska&#8217;s Arctic tundra, yet Congress promotes ethanol subsidies to reduce our reliance on foreign oil, even as it blocks drilling in the Arctic and &#8221;the Atlantic and Pacific coasts&#8221; that would do far more to reduce our reliance on foreign oil.   &#8220;<a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/04/29/AR2008042902394.html">What keeps these areas closed are exaggerated environmental fears, strong prejudice against oil companies and sheer stupidity</a>,&#8221; he writes.</p>
<p>A news story today in the Post describes how <a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/04/29/AR2008042903092.html?hpid%3Dtopnews&amp;sub=AR">ethanol production is devouring our food supply</a>, even though a study shows that &#8220;<a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/04/29/AR2008042903092.html?hpid%3Dtopnews&amp;sub=AR">greenhouse-gas emissions from corn and even cellulosic ethanol &#8216;exceed or match those from fossil fuels</a> and therefore produce no greenhouse benefits.&#8217; By encouraging an expansion of acreage, the study added, the use of U.S. cropland for ethanol could make climate conditions dramatically worse. And the runoff from increased use of fertilizers on expanded acreage would compound damage to waterways all the way to the Gulf of Mexico.&#8221; </p>
<p>In the American Spectator, Iain Murray notes that <a href="http://cei.org/articles/truths-shall-set-you-free">ethanol production has caused &#8220;food shortages and massive increases in food prices around the world</a>. There have been food riots in Indonesia, Mexico, Egypt, and most recently, Haiti &#8212; where the poor have been reduced to eating cakes made with bleach and are on the verge of bringing the government down. Even in America, some grocery stores have begun to institute a form of rationing.  Meanwhile, <a href="http://cei.org/articles/truths-shall-set-you-free">massive tracts of rainforest are being cleared in Indonesia to produce biodiesel, threatening the orangutan and other magnificent animals with extinction</a>. In Brazil, the growth of sugar cultivation for ethanol is forcing food producers into the Amazon.&#8221;</p>
<p>By contrast, one of the Audubon Society&#8217;s chief bird sanctuaries (the <span style="x-small;">Paul J. Rainey Wildlife Refuge in Louisiana)</span>, has 37 oil wells on site, and has <a href="http://republicans.resourcescommittee.house.gov/archives/ii00/issues/emr/report/facts.htm">produced natural gas for 50 years without harming the environment</a>.  Drilling for oil hasn&#8217;t harmed the birds a bit.  But ethanol production causes <a href="http://www.openmarket.org/2008/04/22/ethanol-subsidies-kill-forests-and-people-and-scar-the-planet/">environmental destruction</a>, mass <a href="http://www.openmarket.org/2008/04/15/as-food-riots-continue-finance-ministers-criticize-ethanol-subsidies/">hunger</a>, <a href="http://www.openmarket.org/2008/04/23/global-food-crisis-a-silent-tsunami/">starvation</a>, and <a href="http://www.openmarket.org/2008/04/23/global-food-crisis-a-silent-tsunami/">rioting</a> worldwide.</p>
<p>Disclosure: like many Americans, I have a retirement plan (both a 401(K) and an IRA).  Like most retirement plans, it contains mutual funds.  And most of those mutual funds own some stock in oil companies.  So when politicians demand that the government impose a &#8220;windfall profits tax&#8221; on oil companies, what they are really trying to do is take money from my retirement plan &#8212; and your retirement plan, too, if you have one.  That&#8217;s not going to encourage exploration for new sources of oil, or reduce our dependence on foreign oil.</p>
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		<title>The Rhetorical Impact of the Global Warming Bandwagon</title>
		<link>http://www.openmarket.org/2008/04/29/the-rhetorical-impact-of-the-global-warming-bandwagon/</link>
		<comments>http://www.openmarket.org/2008/04/29/the-rhetorical-impact-of-the-global-warming-bandwagon/#comments</comments>
		<pubDate>Tue, 29 Apr 2008 15:28:37 +0000</pubDate>
		<dc:creator>Sam Kazman</dc:creator>
		
		<category><![CDATA[Agriculture]]></category>

		<category><![CDATA[Culture]]></category>

		<category><![CDATA[Energy]]></category>

		<category><![CDATA[Global Warming]]></category>

		<category><![CDATA[Add new tag]]></category>

		<guid isPermaLink="false">http://www.openmarket.org/?p=3207</guid>
		<description><![CDATA[Cellulosic ethanol—derived from wood scraps and other forms of inedible plant mass&#8211; may or may not turn out to be a real technological breakthrough.  On the one hand, it could reduce the ruinous impacts of grain-based ethanol on food prices.  On the other hand, the extensive set of federal mandates and subsidies for cellulosic ethanol [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="0in 0in 0pt;"><span style="Times New Roman;">Cellulosic ethanol—derived from wood scraps and other forms of inedible plant mass&#8211; may or may not turn out to be a real </span><a href="http://www.chron.com/disp/story.mpl/ap/fn/5730896.html"><span style="Times New Roman;">technological breakthrough</span></a><span style="Times New Roman;">. <span style="yes;"> </span>On the one hand, it could reduce the ruinous impacts of grain-based ethanol on food prices.<span style="yes;">  </span>On the other hand, the extensive set of federal mandates and subsidies for cellulosic ethanol is not a good omen—good technologies rarely need federal help, and the existence of federal aid is often a tip-off that a new technology is a loser.</span></p>
<p class="MsoNormal" style="0in 0in 0pt;"><span style="Times New Roman;"> </span></p>
<p class="MsoNormal" style="0in 0in 0pt;"><span style="Times New Roman;">But here’s another question: if cellulosic ethanol does take off, what impact would that have on the clichés we use? <span style="yes;"> </span>Would we have to scrap the old saying about </span><a href="http://www.phrases.org.uk/bulletin_board/14/messages/265.html"><span style="Times New Roman;">separating the wheat from the chaff,</span></a><span style="Times New Roman;"> and instead talk about separating the chaff from the wheat?</span></p>
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		<item>
		<title>Global warming policies can cost jobs – says EU steel industry</title>
		<link>http://www.openmarket.org/2008/04/28/global-warming-policies-can-cost-jobs-%e2%80%93-says-eu-steel-industry/</link>
		<comments>http://www.openmarket.org/2008/04/28/global-warming-policies-can-cost-jobs-%e2%80%93-says-eu-steel-industry/#comments</comments>
		<pubDate>Mon, 28 Apr 2008 21:17:05 +0000</pubDate>
		<dc:creator>Fran Smith</dc:creator>
		
		<category><![CDATA[Energy]]></category>

		<category><![CDATA[Global Warming]]></category>

		<guid isPermaLink="false">http://www.openmarket.org/?p=3202</guid>
		<description><![CDATA[Though a bit late in figuring things out, the steel industry in the European Union and a steel workers’ union have said that the EU’s proposals to cut CO2 emissions will have a devastating effect on their industry. According to a Reuters article today,

Europe&#8217;s steel industry joined forces with a workers&#8217; union on Monday to [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal">Though a bit late in figuring things out, the steel industry in the European Union and a steel workers’ union have said that the EU’s proposals to cut CO2 emissions will have a devastating effect on their industry. According to a <a href="http://www.reuters.com/article/environmentNews/idUSL2873177620080428">Reuters article</a> today,</p>
<blockquote>
<p class="MsoNormal">Europe&#8217;s steel industry joined forces with a workers&#8217; union on Monday to warn that European Union efforts to curb climate change could put tens of thousands of steel industry jobs at risk.</p>
<p class="MsoNormal" style="justify;">The EU aims to cut CO2 emissions by at least one fifth by 2020 from 1990 levels, but several energy intensive industries say the cost of curbing emissions will make them uncompetitive against rivals from outside the bloc.</p>
</blockquote>
<p class="MsoNormal" style="justify;">Check out what CEI was saying &#8212; way back in 1996 &#8212; about the <a href="http://cei.org/gencon/026%2C02264.cfm">costs of global warming policies</a>.<span> </span>And one of the major costs projected was – jobs.<span> </span>Also check out <a href="http://www.globalwarming.org/">CEI’s global warming website</a> for up-to-date information.</p>
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		<title>All You Ever Wanted to Know About Ethanol&#8230;</title>
		<link>http://www.openmarket.org/2008/04/28/all-you-ever-wanted-to-know-about-al-gore/</link>
		<comments>http://www.openmarket.org/2008/04/28/all-you-ever-wanted-to-know-about-al-gore/#comments</comments>
		<pubDate>Mon, 28 Apr 2008 18:45:44 +0000</pubDate>
		<dc:creator>Iain Murray</dc:creator>
		
		<category><![CDATA[Energy]]></category>

		<category><![CDATA[Environment]]></category>

		<guid isPermaLink="false">http://www.openmarket.org/?p=3201</guid>
		<description><![CDATA[But were afraid to ask can be found in Chapter Two of The Really Inconvenient Truths, which you can now get for free via this site.  I&#8217;ll be on the Jim Bohannon Show tonight at 10pm talking about this and many other things the left doesn&#8217;t want you to know about the environment.

  [...]]]></description>
			<content:encoded><![CDATA[<p>But were afraid to ask can be found in Chapter Two of <a href="http://www.amazon.com/Really-Inconvenient-Truths-Environmental-Catastrophes/dp/1596980540/ref=sr_1_1?ie=UTF8&amp;s=books&amp;qid=1207666124&amp;sr=1-1">The Really Inconvenient Truths</a>, which you can now get for free via <a href="http://www.reallyinconvenienttruths.com/offers/offer.php?id=RIT001">this site</a>.  I&#8217;ll be on the <a href="http://www.jimbotalk.net/">Jim Bohannon Show</a> tonight at 10pm talking about this and many other things the left doesn&#8217;t want you to know about the environment.</p>
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		<title>More on Deadly Ethanol Subsidies</title>
		<link>http://www.openmarket.org/2008/04/25/more-on-deadly-ethanol-subsidies/</link>
		<comments>http://www.openmarket.org/2008/04/25/more-on-deadly-ethanol-subsidies/#comments</comments>
		<pubDate>Fri, 25 Apr 2008 17:14:08 +0000</pubDate>
		<dc:creator>Hans Bader</dc:creator>
		
		<category><![CDATA[Agriculture]]></category>

		<category><![CDATA[Economic Liberty]]></category>

		<category><![CDATA[Energy]]></category>

		<category><![CDATA[Environment]]></category>

		<category><![CDATA[Global Warming]]></category>

		<category><![CDATA[International]]></category>

		<category><![CDATA[Politics as Usual]]></category>

		<category><![CDATA[Sanctimony]]></category>

		<guid isPermaLink="false">http://www.openmarket.org/?p=3190</guid>
		<description><![CDATA[Nate Beeler has an an excellent editorial cartoon, &#8220;Food for Thought,&#8221; that captures the deadly and costly consequences of ethanol subsidies, in today&#8217;s Washington Examiner.   Many go hungry because of the greed of a few.  We wrote earlier about how ethanol subsidies are causing hunger and starvation worldwide.  Rioting and violent protests have occurred in many countries, including Mexico, Pakistan, Egypt, [...]]]></description>
			<content:encoded><![CDATA[<p>Nate Beeler has an an excellent editorial cartoon, &#8220;<a href="http://www.examiner.com/blogs-11-beeler">Food for Thought</a>,&#8221; that captures the deadly and costly consequences of ethanol subsidies, in today&#8217;s Washington Examiner.   Many go hungry because of the greed of a few.  We wrote earlier about how ethanol subsidies are causing <a href="http://www.openmarket.org/2008/04/23/global-food-crisis-a-silent-tsunami/">hunger and starvation worldwide</a>.  Rioting and <a href="http://www.openmarket.org/2008/04/23/global-food-crisis-a-silent-tsunami/">violent protests have occurred in many countries</a>, including Mexico, Pakistan, Egypt, Indonesia, Haiti, El Salvador, <span style="small;"><span style="Times New Roman;"><span style="EN;">Bangladesh, Burkina Faso, Ivory Coast, Cameroon, Senegal, Ethiopia, Mauritania, Madagascar, and the Philippines.  Ethanol subsidies are also contributing to <a href="http://www.openmarket.org/2008/04/22/ethanol-subsidies-kill-forests-and-people-and-scar-the-planet/">environmental destruction</a>.</span></span></span></p>
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		<title>The Bottom Line on &#8216;Earth Week&#8217;</title>
		<link>http://www.openmarket.org/2008/04/25/the-bottom-line-on-earth-week/</link>
		<comments>http://www.openmarket.org/2008/04/25/the-bottom-line-on-earth-week/#comments</comments>
		<pubDate>Fri, 25 Apr 2008 15:50:54 +0000</pubDate>
		<dc:creator>Richard Morrison</dc:creator>
		
		<category><![CDATA[Energy]]></category>

		<category><![CDATA[Environment]]></category>

		<category><![CDATA[Sanctimony]]></category>

		<guid isPermaLink="false">http://www.openmarket.org/?p=3189</guid>
		<description><![CDATA[Our good friend Tim Carney&#8217;s Examiner column this week connects a few very interesting dots - what, for example, does Alicia Silverstone talking about energy efficiency on NBC have to do with corporate welfare for one the nation&#8217;s largest companies? Tim puts it all together.
Earth Day was Tuesday, and NBC Universal has extended the celebration [...]]]></description>
			<content:encoded><![CDATA[<p>Our good friend Tim Carney&#8217;s <em>Examiner</em> <a href="http://www.examiner.com/a-1359376~Timothy_Carney__NBC_s__Green_Week__and_GE_s_green.html">column</a> this week connects a few very interesting dots - what, for example, does Alicia Silverstone talking about energy efficiency on NBC have to do with corporate welfare for one the nation&#8217;s largest companies? Tim puts it all together.</p>
<blockquote><p>Earth Day was Tuesday, and NBC Universal has extended the celebration into “Earth Week.” Reprising its “Green Week” from last fall, NBC and its affiliates worked some sort of environmental message into all of its programming this week.</p>
<p>Amid its calls for individual sacrifices in the name of the environment and paeans to “green” legislation, the network once again failed to disclose prominently that its parent company stands to get rich off of “environmentalist” laws.</p>
<p>NBC Universal is owned by General Electric, which plays a regular role in this column because of how aggressively the company has hitched its profits to its lobbying successes. GE spends more than any other corporation in America on lobbying the federal government — more than $20 million annually over the past three years — and Green Week and Earth Week probably should be disclosed as lobbying efforts.</p>
<p>In many of GE’s businesses, the profit model appears to be: (1) invest in something for which there isn’t much demand; (2) then lobby to mandate or subsidize it.</p></blockquote>
<p>This is all also part of of GE&#8217;s must discussed &#8220;ecomagination&#8221; campaign, which so far seems mostly to have produced ever more imaginative ways of getting U.S. taxpayers to pay GE to manufacture technologies consumers don&#8217;t want.  </p>
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		<title>Global Food Crisis: &#8220;A Silent Tsunami&#8221;</title>
		<link>http://www.openmarket.org/2008/04/23/global-food-crisis-a-silent-tsunami/</link>
		<comments>http://www.openmarket.org/2008/04/23/global-food-crisis-a-silent-tsunami/#comments</comments>
		<pubDate>Wed, 23 Apr 2008 16:09:09 +0000</pubDate>
		<dc:creator>Hans Bader</dc:creator>
		
		<category><![CDATA[Agriculture]]></category>

		<category><![CDATA[Energy]]></category>

		<guid isPermaLink="false">http://www.openmarket.org/2008/04/23/global-food-crisis-a-silent-tsunami/</guid>
		<description><![CDATA[&#8220;Sharply rising food prices&#8221; &#8220;have sparked riots around the world and threaten U.N.-backed feeding programs for 20 million children, the top U.N. food official said Tuesday.&#8221;  The news story that reported this quoted the British Prime Minister as saying that &#8220;25,000 people a day are dying of conditions linked to hunger,&#8221;"with one child dying [...]]]></description>
			<content:encoded><![CDATA[<p>&#8220;Sharply rising food prices&#8221; &#8220;have sparked riots around the world and threaten U.N.-backed feeding programs for 20 million children, the top U.N. food official said Tuesday.&#8221;  The news story that reported this quoted the British Prime Minister as saying that &#8220;<a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/04/22/AR2008042201481.html?hpid=moreheadlines&amp;sid=ST2008042203624">25,000 people a day are dying of conditions linked to hunger</a>,&#8221;"<a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/04/22/AR2008042201481.html?hpid=moreheadlines&amp;sid=ST2008042203624">with one child dying every five seconds from hunger-related causes</a>.&#8221;  Food riots have recently occurred in <a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/04/22/AR2008042201481_2.html?hpid=moreheadlines&amp;sid=ST2008042203624">Haiti, &#8220;Bangladesh, Burkina Faso, Ivory Coast, Cameroon, Egypt, Indonesia and Senegal</a>,&#8221; as well as <a href="http://www.openmarket.org/2008/04/15/as-food-riots-continue-finance-ministers-criticize-ethanol-subsidies/">Ethiopia, Mauritania, Madagascar, the Philippines, Pakistan, and Mexico</a>. </p>
<p>The story doesn&#8217;t explore the role of ethanol subsidies in causing starvation, although it notes that &#8220;the diversion of some crops to produce biofuels&#8221; is contributing to rising food prices, and that &#8220;<a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/04/22/AR2008042201481_2.html?hpid=moreheadlines&amp;sid=ST2008042203624">the increasing use of crops to produce biofuels has been criticized as contributing to food shortages</a>.&#8221;  </p>
<p>Finance ministers in the Third World are now <a href="http://www.openmarket.org/2008/04/15/as-food-riots-continue-finance-ministers-criticize-ethanol-subsidies/">calling for an end to ethanol subsidies</a>.  South Africa&#8217;s finance minister calls them “<a href="http://www.energynews.co.za/web_main/article.php?story=20080414021920559"><font color="#115588">criminal</font></a>.”  India&#8217;s finance minister declared that “<a href="http://www.energynews.co.za/web_main/article.php?story=20080414021920559"><font color="#115588">in a world where there is hunger and poverty, there is no policy justification for diverting food crops towards bio-fuels. Converting food into fuel is neither good policy for the poor nor for the environment</font></a>.”   Ethanol subsidies are <a href="http://www.openmarket.org/2008/04/22/ethanol-subsidies-kill-forests-and-people-and-scar-the-planet/">terrible for the environment</a>.</p>
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