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We told you guys this ethanol obsession would have grave unintended consequences.....<a href="http://www.kottke.org/06/11/ethanol-corn-and-mexico">http://www.kottke.org/06/11/ethanol-corn-and-mexico</a><a href="http://online.wsj.com/public/article/SB116260858542413472-w9jgHfcHYup_AP1_vzcXOFy5Av4_20071103.html">http://online.wsj.com/public/article/SB116260858542413472-w9jgHfcHYup_AP1_vzcXOFy5Av4_20071103.html</a>So far, about 20% of the US corn crop is going for ethanol production.  With new plants being built as we speak, that should rise to 30% of the US corn crop.  It's already cutting into the export market, with more to come......Meanwhile down south of the border, Mexico has to import much of it's food staple from the US.  Now inflation is beginning to rear it's ugly head over those folks who have little in the way of discretionary income to absorb increases in food costs.What do you think will happen in the near future?  Demonstrations, riots, socialist upheavel, more Hugo Chavez types obtaining power, more blame being put on the US for the world's problems.....[V]Meanwhile, we have all this coal in the ground that can be converted to transportation fuels cheaper than what it costs to produce ethanol from corn, but since coal is "dirty" and CO2 regs are apparently coming to the fore, it is becoming less likely that we'll be able to develop these resources in a price neutral manner.  Ditto for our undeveloped petroleum resources.......For what it's worth, since ethanol is one of those so-called *renewables* being pushed by environmentalists, can we this time please connect the dots and chalk this one up to yet another case of the unseen cost of environmentalism?
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