Krugman Hates Ethanol!
From Paul Krugman's NY Times blog:
I'm almost never censored at the Times. However, I was told that I couldn't use the lede I originally wrote for my column following the 2007 State of the Union address, in which Bush made ethanol the centerpiece of his energy strategy: "Before the State of the Union address, there had been hints and hopes that President Bush would offer a serious plan to reduce our dependence on imported oil. Instead, however, he took refuge in alcohol."
Well, anyway - the news on ethanol just keeps getting worse. Bad for the economy, bad for consumers, bad for the planet - what's not to love?
reason's Ronald Bailey on ethanol here.
Hat tip: Film critic and blogger extraordinaire Alan Vanneman
