Your grocery costs could be shooting up this summer especially at the butcher's counter. It is estimated that the price of beef, pork and chicken could increase by as much as 25%. Main reason? Ethanol. We are burning up our corn supply in the name of renewable energy.
Last month a collection of meat groups sent a letter to the House Ways and Means Committee asking them to stop subsidizing the ethanol industry. The meat producers claim ethanol tax credits and import tariffs have "distorted the corn market, increased the cost of feeding animals, and squeezed production margins -- resulting in job losses and bankruptcies in rural communities across America."
Currently, most of the gas sold in the US is blended with 10% ethanol. At the request of ethanol producers, who continue to lose money despite subsidies, the EPA is debating raising the amount of ethanol to 15%. Not only will we see higher food costs, we can expect to see lower MPG and increased engine damage (especially in small engines and watercraft engines) with a higher percentage of ethanol.
Is it a coincidence that Regulatory Czar Cass Sunstein has an anti-meat, animal rights agenda? He even coauthored the book, Animal Rights: Current Debates and New Directions in which he suggests that animals should be able to bring lawsuits against their human owners! I think this is another Nudge to control American's food choices.
Some Old, Some New, And All Great Too - *Thanks T-Bone*
13 hours ago