Bush Scandals List

135. Ethanol (a political fuel)

Bush’s ethanol program will not solve America’s energy problems. It is a boon to corn state farmers and the politicians who represent them but depletes soil that would be better reserved for food production. It also led to an increase in the price of corn, other grains, and food generally, and it set the stage for hedge fund driven speculation in grains which caused a rice panic in early 2008. Ethanol is also a carbon based fuel and contributes to global warming directly through its burning and indirectly through its production.

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