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Green Projects: Money Siphons for Connected Cronies

LowDown

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To try and artificially grow a domestic biofuels industry, the United States installed the Renewable Fuel Standard (RFS) in 2007, relying on a system of annually increasing mandates for the quantities of biofuels refiners blend into gasoline. The scheme was created under the Bush administration and dutifully expanded by the Obama administration—and it’s been an unmitigated policy disaster. The RFS has created an arena ripe for hucksters to fraudulently make millions of dollars, and Bloomberg has a long report on some of the most galling examples of these system-cheaters. . . .

It’s worth your time this weekend to go ahead and read the whole thing. It’s a quick overview of what the RFS actually is and how it’s been taken advantage of.

Fraud isn’t the only issue with America’s biofuels problem. The quota system has raised global food prices, starving the world’s poor and potentially inciting riots abroad. It has cost drivers billions of dollars (billions!), and maybe worst of all—it’s actually been bad for the environment.

Our biofuel boondoggle hits one of those rare policy sour spots, making very little sense from every angle and managing to frustrate every relevant stakeholder (excepting the corn industry). If Bloomberg’s story of the brazen fraud this artificial biofuels ecosystem has created makes you angry, well, it should. The sooner we end this farce, the better.

From the standpoint of our energy needs we never needed these frauds. The only basis for it was speculation about climate change.

America’s Biofuel Boondoggle Rife with Fraud - The American Interest
 

Jack Hays

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[h=1]Two Hundred Million Dollar Scientific Grant Fraud Case[/h]Guest essay by Eric Worrall Federal Prosecutors have launched a gigantic fraud case against Duke University, North Carolina, accusing Duke University of embezzling $200 million in federal research grants, by presenting doctored data with their grant applications. Whistleblower sues Duke, claims doctored data helped win $200 million in grants On a Friday in March 2013,…
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Quaestio

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[h=1]Two Hundred Million Dollar Scientific Grant Fraud Case[/h]Guest essay by Eric Worrall Federal Prosecutors have launched a gigantic fraud case against Duke University, North Carolina, accusing Duke University of embezzling $200 million in federal research grants, by presenting doctored data with their grant applications. Whistleblower sues Duke, claims doctored data helped win $200 million in grants On a Friday in March 2013,…
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The story is about 2 medical researchers from Duke University Medical Centre faking research with mice. Nothing to to with climate science at all. So why post it here (and on other threads in this forum) unless the intention was to mislead?
 

Lord of Planar

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The story is about 2 medical researchers from Duke University Medical Centre faking research with mice. Nothing to to with climate science at all. So why post it here (and on other threads in this forum) unless the intention was to mislead?

Because all researchers may be tempted to do so. harder to discover in the climate sciences, because we only have one earth.
 

Jack Hays

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The story is about 2 medical researchers from Duke University Medical Centre faking research with mice. Nothing to to with climate science at all. So why post it here (and on other threads in this forum) unless the intention was to mislead?

The thread is about misdirected funding.
 
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