Quotulatiousness

November 27, 2018

Cutting back on ethanol makes financial and environmental sense

Craig Eyermann explains why President Trump’s push to expand the use of ethanol in cars is a bad call for many reasons:

For example, because ethanol packs less energy per gallon than gasoline does, vehicle owners can expect to get even lower fuel mileage from the expansion of E15 fuel (a blend of 15% ethanol with 85% gasoline) under the new mandate to include more ethanol in automotive fuels, which would be 4% to 5% less than they would achieve if they only filled their vehicles with 100% gasoline. Today’s vehicle owners already pay a fuel efficiency penalty of 3% to 4% lower gas mileage from the E10 ethanol-gasoline fuel blend mandated under the older ethanol content rules, where the new rules will require even more fill-ups.

Beyond that, to the extent that it diverts corn from food markets to fuel production, corn-based ethanol production also jacks up the price of food—the corn itself, plus everything that eats corn, like beef cattle. One review of multiple studies found that the U.S. government’s corn-based ethanol mandates added 14% to the cost of agricultural commodity prices from 2005 through 2015.

Last summer, the Environmental Protection Agency also found that burning increasing amounts of ethanol has made America’s air dirtier because it generates more ozone pollution, which contributes to smog formation. Worse, growing the additional corn to make more ethanol has also increased agricultural fertilizer runoff pollution in the nation’s rivers and waterways.

That runoff has been linked to the increased incidence of harmful algal blooms, which have been responsible for contaminating drinking water and contributing to red tide events in coastal regions, where fish and other aquatic organisms have been killed off.

There is a solution to these federal government-generated pollution problems: stop forcing corn-based ethanol to be used in the nation’s fuel supplies. There’s even a case study from Brazil, where the city of Sao Paulo found that its air became cleaner after it switched from ethanol-based fuels to gasoline in the years from 2009 to 2011.

Viking Expansion – A Song of Ice and Greenland – Extra History – #5

Filed under: Europe, History — Tags: , , , — Nicholas @ 04:00

Extra Credits
Published on 24 Nov 2018

The Scandinavians stumbled on Iceland, at first on accident — then, gradually exploring it — and finally intentionally migrating there because despite the clash of glaciers and volcanoes, Iceland was full of uninhabited empty land — perfect for settlers and saga-writers.

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England: South Sea Bubble – Buying Out Britain – Extra History – #3

Filed under: Americas, Britain, Business, Economics, Government, History — Tags: , , , — Nicholas @ 02:00

Extra Credits
Published on 28 Mar 2015

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The time has come for Blunt to enact the final act of his scheme: taking on the 31 million pound British debt. When Parliament initially balks at transferring responsibility for that much money to Blunt’s insolvent South Sea Company, he bribes them with special deals on his own stock. Despite a legal clause that should have locked the stock price until the company began paying off the debt, Blunt keeps introducing new plans to inflate the stock price and pocket the money for himself. He does everything from selling stocks on layaway to loaning people money so they could buy more stocks from him, creating an artificial demand for South Sea Company stock that drives the company’s worth up to 300 million pounds: a staggering ten times the initial value of the already stunning debt it had assumed. His success, founded entirely on speculation with no actual revenue from trade, not only starves out other businesses across Britain but exceeds the total amount of money in the country’s entire economy. This bubble can not last.

QotD: Gandhi’s view of India as a nation

Filed under: Africa, History, India, Quotations, Religion — Tags: , , , — Nicholas @ 01:00

No one questions that the formative period for Gandhi as a political leader was his time in South Africa. Throughout history Indians, divided into 1,500 language and dialect groups (India today has 15 official languages), had little sense of themselves as a nation. Muslim Indians and Hindu Indians felt about as close as Christians and Moors during their 700 years of cohabitation in Spain. In addition to which, the Hindus were divided into thousands of castes and sub-castes, and there were also Parsees, Sikhs, Jains. But in South Africa officials had thrown them all in together, and in the mind of Gandhi (another one of those examples of nationalism being born in exile) grew the idea of India as a nation, and Muslim-Hindu friendship became one of the few positions on which he never really reversed himself. So Gandhi — ignoring Arabs and Turks — became an adamant supporter of the Khilafat [Caliphate] movement out of strident Indian nationalism. He had become a national figure in India for having unified 13,000 Indians of all faiths in South Africa, and now he was determined to reach new heights by unifying hundreds of millions of Indians of all faiths in India itself. But this nationalism did not please everyone, particularly Tolstoy, who in his last years carried on a curious correspondence with the new Indian leader. For Tolstoy, Gandhi’s Indian nationalism “spoils everything.”

Richard Grenier, “The Gandhi Nobody Knows”, Commentary, 1983-03-01.

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