Tuesday, July 5, 2011
The following was published in the Opinion Pages of the New York Times for July 3rd, 2011, in a section entitled, Is Ethanol a Solution, or a Problem?
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Despite the ethanol program, American corn exports have not missed a beat. More important, because of the ethanol market, investments have occurred in new techniques that have increased average American corn yields from 120 bushels per acre in 2002 to 160 bushels per acre today, with some farms approaching 300 bushels per acre. These advances will help feed the world for decades to come.
There may be famine in many places globally this year. But this is because of the regressive tax on the world economy imposed by high oil prices. This needs to be eroded by competition from alternative fuels. Ethanol helps achieve that goal.
Golden, Colo., June 26, 2011
The writer is the author of “Energy Victory: Winning the War on Terror by Breaking Free of Oil.”
Read more: Agriculture is Not a Zero-Sum Game.