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Biofuels: The Benefits and the Bad News

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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?     

Credits

Guests:
John Coequyt - Energy Policy Specialist, Greenpeace, Jill Euken - Bio-Industrial Products Specialist, Iowa State University Extension, Dennis Langley - CEO, E3 BioFuels, Juli Niemann - Oil Analyst, Smith, Moore & Company, Rick Tolman - CEO, National Corn Growers Association

Host:
Warren Olney

Producers:
Frances Anderton, Karen Radziner