writeaboutwarming

The Energy Policy Act of 2005 ( http://en.wikipedia.org/wiki/Energy_Policy_Act_of_2005 ) was signed into law by George W. Bush that year – the year that ended with global peak oil having been realized, as luck would have it. What a coincidence. One of its primary stipulations was that greater quantities of biofuels be added to gasoline, thereby (so it was hoped) reducing American dependence upon foreign countries for oil. This line of reasoning was based largely upon Brazil’s success in utilizing ethanol derived from sugar cane ( http://www.v-brazil.com/science/ethanol/bush-brazil.html ). The Act incorporates policy determined by politicians, not scientists. Fast forward six years. Let’s see how things are going: “The Russian drought [of 2010] simply sparked this latest speculative bubble. Russia did lose 33 percent of its wheat harvest, but it had plenty of wheat stocks on hand to make up the difference. Instead of using those stocks, the Russian government was persuaded by multi...