Monday, November 22, 2010

RINO Schwarzenegger Admits: Climategate was 'tremendous setback'...GORE REGRETS: Corn ethanol 'was not good policy'...



U.S. corn ethanol "was not a good policy"-Gore

ATHENS, Nov 22 (Reuters) - Former U.S. vice-president Al Gore said support for corn-based ethanol in the United States was "not a good policy", weeks before tax credits are up for renewal.

U.S. blending tax breaks for ethanol make it profitable for refiners to use the fuel even when it is more expensive than gasoline. The credits are up for renewal on Dec. 31.

Total U.S. ethanol subsidies reached $7.7 billion last year according to the International Energy Industry, which said biofuels worldwide received more subsidies than any other form of renewable energy.

"It is not a good policy to have these massive subsidies for (U.S.) first generation ethanol," said Gore, speaking at a green energy business conference in Athens sponsored by Marfin Popular Bank.

"First generation ethanol I think was a mistake. The energy conversion ratios are at best very small.

"It's hard once such a programme is put in place to deal with the lobbies that keep it going." READ MORE...

Head of UN climate body admits surprise at fury over blunder in reportOne year on, Rajendra Pachauri speaks of regret at false assertion that Himalayan glaciers would disappear by 2035

The head of the UN climate science body has admitted he was taken entirely by surprise by the ferocious public reaction to a blunder in its report on Himalayan glaciers. But he insisted the controversy had not set back efforts to secure action on climate change.

The mistake, a false assertion that the Himalayan glaciers would disappear by 2035, exacted severe damage to the reputation of the IPCC and its head, Rajendra Pachauri. It also provided further fuel to the controversy over the emails stolen from East Anglia's climate research unit and released online a year ago today.

Pachauri said he had not predicted the storm of criticism. "I had absolutely no idea what was coming. It just sort of escalated," Pachauri told the Guardian at a climate meeting sponsored by California's governor, Arnold Schwarzenegger. READ MORE...

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