Saturday, March 31, 2007

saturday’s mixed bag of green news

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There are 2 comments.

  1. commentsMike in Brooklyn Apr 2, 2007

    um, upsurge in corn subsidies?
    See Business Week- Food Vs. Fuel article

    “Corn farmers are having a rare period of prosperity, and the federal government is getting a break. In 2006, Uncle Sam gave corn farmers $8.8 billion in subsidies. Thanks to high corn prices, subsidies are expected to drop to $2.1 billion in 2007. ”

    See, when farmers plant more, subsidies go down. And then there’s the financial stimuli to local economies, etc Tax revenues coming in, makes this a sound investment. Beats giving subsidies to Big OIl who don’t give anything back to us, offshore their accounts and have no allegiance to anyone but the bottom line.

    So one can never be too clear where the NYTimes gets its numbers.

  2. commentsrd Apr 2, 2007

    Makes sense that subsidies go down when corn prices go up.

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