SO, WHAT ELSE IS NEW? Corn Ethanol Is Of No Use.

In 2007, the global price of corn doubled as a result of an explosion in ethanol production in the U.S. Because corn is the most common animal feed and has many other uses in the food industry, the price of milk, cheese, eggs, meat, corn-based sweeteners and cereals increased as well. World grain reserves dwindled to less than two months, the lowest level in over 30 years.

Additional unintended effects from the increase in ethanol production include the dramatic rise in land rents, the increase in natural gas and chemicals used for fertilizers, over-pumping of aquifers like the Ogallala that serve many mid-western states, clear-cutting forests to plant fuel crops, and the revival of destructive practices such as edge tillage.