FROM Dennis Langley
Biofuels: The Benefits and the Bad News The rush is on for biofuels: to end dependence on oil, help solve global warming and create jobs for the rural poor. Corn-belt farmers are giving thanks today for ethanol, which brings incentives and subsidies from states and the federal government. But last May, the UN reported that biofuels may cause more environmental problems than they solve, as well as increasing the price of food. On this archived edition of To the Point, we weigh the pros and cons of energy from agricultural products. Is it really cleaner and cheaper? Is the US moving too fast?
Do Biofuels Cause More Problems than They Solve? The rush is on for biofuels to end dependence on oil, help solve global warming and create jobs for the rural poor. In America's corn-belt, especially in Iowa, there's a rush to produce ethanol. States and the federal government are providing incentives, including subsidies, for fuels derived from agricultural products. But a new UN report says the benefits of biofuels-including ethanol-may be offset by environmental damage, and there is growing concern about their impact on the price of food. We examine the pros and cons of energy from agricultural products. Is it really cleaner and cheaper? Is the US moving too fast?
Energy Independence and Ethanol One day after his State of the Union address, President Bush was on the road pushing energy independence by way of alternative fuels. Ethanol production, which is already a booming industry, would be increased five times on the way to reducing consumption of gasoline by twenty percent in the next ten years. Dozens of new, corn-based ethanol plans are coming on line in the farm states, and Wall Street sees a new gold rush. American voters also expect there's ethanol in their future, but there are plenty of not-so-hidden costs. Will corn-based ethanol deplete the food supply? What about greenhouse gases from ethanol and other "alternatives" like oil shale and coal? Is conservation a better solution? We're joined by pollsters, and energy experts and producers.
CBO: Under GOP plan, millions will lose coverage Republicans are divided and Democrats are saying, "we told you so," when it comes to official estimates of what it will cost to repeal and replace Obamacare. The Trump White House says the Congressional Budget Office is just wrong.
'Do-or-die' time on healthcare bill President Trump has demanded a House vote today on replacing Obamacare…whatever the details might be. Despite his campaign promise that nobody would lose health insurance, that's possible for 24 million people if he were finally to sign this bill into law.
America's top diplomat faces challenges in Asia Whatever happened to America's "pivot to Asia?" That's just one of the questions left hanging since Rex Tillerson's first trip there as Secretary of State. Is the Trump Administration hoping to change Foreign Policy or maintain the status quo?