Drowning in Ethanol

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Somebody just shoot me now:

The Environmental Protection Agency is expected to announce Wednesday that it has approved motor fuel with higher blends of ethanol for use in newer vehicles….The agency will grant a waiver to existing rules to allow the use of E15 — made with 15 percent ethanol and 85 percent gasoline — in cars made in model year 2007 or more recently.

….Big agriculture companies and ethanol distilleries have been pressing for an increase in the limit on ethanol in motor fuel because the nation’s overall ethanol production is approaching 10 percent of motor fuel use, a point commonly known as the “blend wall” by people in the industry.

Just what we need. More land-use destroying, corn price increasing, environmentally idiotic ethanol. All taxpayer-subsidized, of course. I guess the Iowa caucuses must be coming up any year now.

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