CEI Today: The EU's Nobel Peace Prize, solar panel and biofuel snafus, and California's scheme for GE food labeling



National Review: Nobel Peace Prize Goes to Destabilizing Force

On October 12, it was announced that the European Union had won the 2012 Nobel Peace Prize. The announcement was greeted with warmth in Brussels and distinct coolness elsewhere — including throughout Europe. The award is notably odd because the EU’s policies are currently helping to destabilize the continent. Indeed, because of the euro, it may not survive another year without a secession crisis, or worse. Only a reversal of course on the EU project itself can restore hope and guarantee peace. > View the full commentary at Nationalreview.com


> Interview Iain Murray


Globalwarming.org: We Should Forfeit the “Great” Green Race with China


On Wednesday, the Commerce Department levied tariffs from 18 percent to 240 percent on solar panels imported from China. At best, this silly policy will increase the price of electricity in America; at worst, it could be the first salvo in a harmful trade war.

Renewable energy sources like solar and wind power are expensive and unreliable, so they cannot compete with conventional energy sources in the electricity market. Instead, demand for green energy is established by Soviet-style production quotas, known as renewable energy standards. More than 30 states have enacted such standards, which force consumers to use increasing amounts of green energy.

  > Read the analysis at Globalwarming.org


> Interview William Yeatman

Globalwarming.org:  U.S. Biofuel Expansion Cost Developing Countries $6.6 Billion: Tufts


U.S. biofuel expansion has cost developing countries $6.6 billion in higher food costs, estimates Tufts University economist Timothy A. Wise in Fueling the Food Crisis, a report published by ActionAid. A 10-minute video interview with Wise about his research is available here.

The 2007 Renewable Fuel Standard (RFS), established by the Energy Independence and Security Act (EISA), exerts long-term upward pressure on grain prices by diverting an ever-growing quantity of corn from food and feed to auto fuel. This is great for corn farmers but not good for U.S. consumers and harmful to millions of people in developing countries, many of whom live in extreme poverty. > Read more at Globalwarming.org

> Interview Marlo Lewis



Orange County Register: A losing proposition on food labeling - Prop. 37 is deceptive, anti-consumer, abuses taxpayers and makes no sense


California's initiative process – which allows "propositions" to be placed on the ballot quite easily – can lead to laws that are muddled, intentionally misleading to voters, and bad public policy. One of these is Proposition 37, which would require labeling of "genetically engineered" foods.

Labeling advocates claim that GE foods are somehow "unnatural" and might be unsafe. And what could be wrong with letting consumers know what's in their food and letting them decide what to buy?  >Read the full report commentary on ocregister.com

> Interview Gregory Conko




Horner Book:
Gore’s green money machine

So, Al Gore came to do good and ended up doing really, really well, according to the Washington Post. That’s actually not unique for Washington, except possibly as a matter of scale: Gore went from being worth $2 million when leaving office to about $100 million now.

Gore, of course, “invested” in or otherwise found profitable arrangements with many companies whose financing mostly comes courtesy of the taxpayer, either directly, or indirectly in that private money flocks to that which politicians wed themselves to — the “halo effect” — on the knowledge that once the spigot opens it is difficult to turn off for fear of having a taxpayer-funded flop on their hands.

I couldn’t help but be reminded, by this story, of the personnel executing these programs for President Obama, he of the $90 billion in “green energy” money squandered on boondoggles whose own owners’ sales pitch for the dough was unless you give me this money, I won’t exist. > Read more




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