NBC's Anne Thompson noted on the March 12 "Nightly News" that higher energy prices would be good for alternative forms of energy like solar and wind power, which can cost two to four times as much as coal and oil.
Two scientific studies have suggested clearing land to produce biofuel ingredients will actually contribute more to "global warming" than simply sticking with fossil fuels. The shocking part is that someone in the media actually reported it!
The findings "could force policymakers in the United States and Europe to reevaluate incentives they have adopted to spur production of ethanol-based fuels," The Washington Post's Juliet Eilperin reported February 8. "President Bush and many members of Congress have touted expanding biofuel use as an integral element of the nation's battle against climate change, but these studies suggest that this strategy will damage the planet rather than help protect it."
We're talking about big differences, too. One study out of Princeton found that "over 30 years, use of traditional corn-based ethanol would produce twice as much greenhouse gas emissions as regular gasoline" in part due to the removal of trees that help reduce carbon.
Researcher Tim Searchinger estimated "it would take 167 years before biofuels would stop contributing to climate change."