Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199


Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« A Bet Against The Banks | Main | Denison Mines Corporation: Revisited »

The Cleanliness Of Biofuels Thrown Into Doubt!

The New York Times Logo 13 Feb 08
It is a change to see that not everyone is totally convinced that Biofuels are the solution to a clean environment.

In the mail bag today we were alerted to this article in the Environmental section of The New York Times entitled: “Biofuels Deemed a Greenhouse threat”

The article is well worth a read if you can find the time to read it. Here is a short extract to wet your appetite:

Together the two studies offer sweeping conclusions: It does not matter if it is rain forest or scrub land that is cleared, the greenhouse gas contribution is significant. More important, they discovered that, taken globally, the production of almost all biofuels resulted, directly or indirectly, intentionally or not, in new lands being cleared, either for food or fuel.
“When you take this into account, most of the biofuel that people are using or planning to use would probably increase greenhouse gasses substantially,” said Timothy Searchinger, lead author of one of the studies and a researcher in environment and economics at Princeton University. “Previously there’s been an accounting error: land use change has been left out of prior analysis.

An accounting error! And we thought that accounting errors were the sole domain of the banks.

Have a good one.

Please feel free to comment on the above, the more diverse the opinions the better informed our readership will be and hopefully we will all make better investment decisions.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>