This is crazy, totally crazy. The idea that we have surplus arable land and agricultural resources, and can permit ourselves to burn our corn or sugar cane is insane.
This article in The Guardian explains it well. Here is an excerpt:
This combines the two themes: government intervention, and
It doesn't get madder than this. Swaziland is in the grip of a famine and receiving emergency food aid. Forty per cent of its people are facing acute food shortages. So what has the government decided to export? Biofuel made from one of its staple crops, cassava. The government has allocated several thousand hectares of farmland to ethanol production in the district of Lavumisa, which happens to be the place worst hit by drought.
green intervention. Madness squared.