WASHINGTON, July 18 /PRNewswire-USNewswire/ -- The future
of biofuels is not in corn, says a new report released
today by Food & Water Watch,the Network for New Energy
Choices, and the Vermont Law School Institute for Energy
and the Environment. The corn ethanol refinery industry,
the beneficiary of new renewable fuel targets in the
proposed energy legislation and proposed loan guarantee
subsidies in the 2007 Farm Bill, will not significantly
offset U.S. fossil fuel consumption without unacceptable
environmental and economic consequences.
"Rural communities won't benefit from the Farm Bill
becoming a fuel bill. In the long run, family farmers
and the environment will be losers,while agribusiness,
whose political contributions are fueling the ethanol
frenzy, will become the winners," said
Food & Water Watch Executive Director Wenonah Hauter.
Full Report:
http://www.newenergychoices.org/uploads/RushToEthanol-bro.pdf
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