which requires oil
This expansion of the Corn Belt is fueled in part by America’s green energy policy, which requires oil companies to blend billions of gallons of corn ethanol into their gasoline. In 2010, fuel became the No. 1 use for corn in America, a title it held in 2011 and 2012 and narrowly lost this year.
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And everyone there could skate except us. And no one cared that we couldn’t. Go ice skating. The growth of microfinance in Africa since 2000 has been inspiring. Data by Microfinance Information Exchange, a non profit organisation that keeps track of the industry, shows that from 2002 to 2012 the industry expanded by more than 1,300%. During this period, gross loan portfolio leapfrogged from $600 million to $8.4 billion.
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Proponents of Paris say the momentum of green energy is irreversible and coal’s demise as an energy sources is inevitable. If that’s the case, then why do we need to stay in Paris? If market forces dictate a shift away from conventional fuels towards renewable ones, so be it. We’ll all stand to benefit from innovative, competitive energy technologies.