Bush and Richardson: Reading from the same script

Ethanol is all the rage nowadays. President Bush and Governor Richardson, both of whom are obsessed with finding “renewable” sources of energy will, if they stick to their ambitious plans,will more than likely rely on ethanol for a significant portion of that energy.
Jerry Taylor and Peter Van Doren of the Cato Institute deconstruct the supposed benefits of ethanol here. Did you know that ethanol really isn’t entirely “renewable?” How about the fact that it doesn’t actually reduce greenhouse gases?
Also, given all the debate we’ve had over illegal immigration from Mexico, one might think that the Minutemen might want to take an anti-ethanol position what with US ethanol consumption causing tortilla prices in Mexico to skyrocket (and other unrest).