Ethanol

Some more pieces of the "How Al Gore is Going to Become Amazingly Wealthy by Selling Climate Hysteria" puzzle came together Friday when the Silicon Valley venture capital firm he's now a part of announced a $500 million investment in green technologies.Making matters more delicious, the firm already has investments in many of the same companies Gore admitted in March he has a stake in.To begin…

Last week, NewsBusters reported the peculiar occurrence of former Speaker of the House Newt Gingrich appearing alongside current Speaker Nancy Pelosi in a global warming ad funded by Nobel Laureate Al Gore's Alliance for Climate Protection.Included in this piece was an explanation the former Speaker offered at his website regarding this matter which sparked largely uncomplimentary reactions in…

Fresh off its controversial Iwo Jima cover with Marines raising a tree, Time magazine's May 5 issue celebrates with an Earth Day roundup. The cause for celebration? That in 2008, "every day is Earth Day," exulted Nancy Gibbs. Gibbs celebrated, among other things, the banning of DDT, which led to millions of preventable deaths from malaria. "Back in 1970, there was ... poison in our pesticides,"…

As food prices soar, and international experts as well as media members call for action, Sen. James Inhofe (R-OK), the ranking Republican on the Senate Environment & Public Works Committee, took to the Senate floor Tuesday calling for a Congressional review of biofuel policy, and for the Environmental Protection Agency to waive the current ethanol mandates.Coincidentally, this occurred…

In the past couple of weeks, NewsBusters has reported the media's sudden negative opinion of ethanol as a result of rising food prices and rationing of rice by certain retailors.You can now add NBC to the list, and, in particular, the host of CNBC's "Mad Money," Jim Cramer, who on Friday's "Today" show actually blamed ethanol for the current crisis while stating emphatically, "You drop the…

A remarkable thing happened Thursday: a press member wanted to ask Nobel Laureate Al Gore about the growing international food crisis and how it relates to ethanol and global warming hysteria.Not surprisingly, the man who cast the tie-breaking vote in the Senate fourteen years ago mandating the use of ethanol wasn't available, and a spokesman for his hysteria-driving Alliance for Climate…

As food prices soar, and rationing of such things as rice begin, America's media are finally starting to wake up to the inconvenient truth that ethanol is not the energy panacea folks like Nobel Laureate Al Gore proclaim.Leading the charge is conservative talk radio host Glenn Beck, who invited the Competitive Enterprise Institute's Iain Murray on his program Tuesday to discuss the looming crisis…

In case you hadn't heard, the world is running scared about the world running out of rice.As a result, here in America, various food retailers have actually begun rationing the amount of the white stuff consumers are allowed to buy.Deliciously -- pun definitely intended -- the CEO of the nation's leading warehouse club, Costco's James Sinegal, blamed a lot of the problem on the media.As…

As the international disaster of ethanol begins taking its toll on the planet -- and, maybe more important, as press outlet after press outlet finally begins recognizing it -- will media remember that Vice President Al Gore cast the tie-breaking vote in the Senate requiring this oxygenate be added to gasoline?After all, regardless of recent reports blaming ethanol for world hunger problems,…

ABC’s April 11 “World News with Charles Gibson” is showing they finally get it – ethanol production and high energy costs are causing food shortages worldwide. “[P]rices are rising across Africa, pushed up by the cost of oil and demand for biofuels,” ABC correspondent Jim Sciutto said. “Those biofuels are in fact a large part of the equation,” ABC correspondent David Muir added. “Many…

For years, NewsBusters has reported on Al Gore's financial interests in advancing global warming hysteria around the world.On March 1, while speaking at the TED Conference in Monterey, California, the Nobel Laureate admitted to having "a stake" in a number of green "investments" that he recommended attendees put money in rather than "sub-prime carbon assets" like "tar sands" and "shale oil."This…

You're going to need a few extra bucks to pay for those corn flakes every morning.CNN's senior business correspondent Ali Velshi let viewers in on an underreported fact about rising commodities prices: the government mandate for ethanol production is making corn and other agricultural products more expensive-making inflation a top priority for Americans."Several years ago, we made some decisions…

They're starting to get it. The media are figuring out government meddling in U.S. energy policy is taking a toll on the American economy. On February 20, the Labor Department reported that the Consumer Price Index (CPI), a key inflation reading, rose 0.4 percent in January, matching December's rise. Why? Increased food costs because corn is being used for ethanol. "Farmers are replacing…