Moonbats and Economics

Extra! Extra! Socialists and moonbats (I know, redundant) discover the economic reality that you get more of what you pay for.

EU rethinks biofuels guidelines

Europe's environment chief has admitted that the EU did not foresee the problems raised by its policy to get 10% of Europe's road fuels from plants.

Recent reports have warned of rising food prices and rainforest destruction from increased biofuel production.

So, as food products are forced into fuel production, thus raising demand, prices escalated, thus encouraging supply. As a result, more forest has apparently been cleared to produce the needed output.

But that is seen has harming the poor (no mention yet of the impact on women and minorities, but I'm sure that is coming) or the environment. What is a perplexed moonbat policymaker to do?

EU Environment Commissioner Stavros Dimas said it would be better to miss the target than achieve it by harming the poor or damaging the environment.

"We have seen that the environmental problems caused by biofuels and also the social problems are bigger than we thought they were. So we have to move very carefully," Mr Dimas told the BBC.

So, let me get this straight. Maybe, just maybe, drilling and refining of crude oil is the better way to go?

Friends don't let friends operate on socialism.