Fascinating article illustrating how the well meaning and morally self-righteous, but intellectually lazy, can really screw things up through jumping into market-altering incentives that do not adequately consider their ramifications (
Once a Dream Fuel, Palm Oil May Be an Eco-Nightmare - New York Times). Indonesia is now the third largest greenhouse gas producer in the word, believe it or not, due to clearing of huge tracts of Southeast Asian rainforest and the overuse of chemical fertilizer there in order to meet European government incentive-driven market demand for palm oil. I have talked in the past about getting too hepped up about corn-derived ethanol for the same reason, but the red state lobbyists are too deep into Washington's crotch already on this score, and corn prices have moved to show it.
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