Check this report from CNN about Dick Bond president and cheif executive of Tyson Foods, one of the US' bigger processed food outfits, he want an end to tariff protection for ethanol in the US. You see the corn price is rising and its hurting his profits. NSS (No organic fertiliser Sherlock)
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Tyson chief calls for end to US ethanol tariff
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Comments (2)
Probably that's his reason, but it is still a good idea. Even the Federal Reserve chairman thinks so.
Posted by David B. Benson | April 28, 2008 11:23 PM
Posted on April 28, 2008 23:23
Here is the (simple) theory as to why it is a good idea:
http://en.wikipedia.org/wiki/Comparative_advantage
Posted by David B. Benson | April 28, 2008 11:49 PM
Posted on April 28, 2008 23:49