In a mea culpa of sorts, former Vice President Al Gore on Monday said he made a mistake in supporting corn-based ethanol while he was in office, admitting he was more interested in farm votes for his presidential run than what was best for the environment.
Like most politicians in the late 1990s, Gore supported huge subsidies for ethanol made from corn — a decision that was later blamed for higher food prices.
Total U.S. ethanol subsidies reached $7.7 billion last year, according to the International Energy Industry, and many of those tax credits will soon be up for renewal.
"It is not a good policy to have these massive subsidies for first generation ethanol," said Gore, speaking at a green energy business conference in Athens, Greece. First generation ethanol refers to the most basic, but also most energy intensive, process of converting corn to ethanol for use in vehicle engines.
"First generation ethanol I think was a mistake. The energy conversion ratios are at best very small," he said, referring to how much energy is produced in the process.
The U.S. ethanol industry will consume about 41 percent of the U.S. corn crop this year, or 15 percent of the global corn crop, according to Goldman Sachs analysts.
Gore explained his own support for the original program on his presidential ambitions.
"One of the reasons I made that mistake is that I paid particular attention to the farmers in my home state of Tennessee, and I had a certain fondness for the farmers in the state of Iowa because I was about to run for president" in 2000.A food-versus-fuel debate erupted in 2008, in the wake of record food prices, where the biofuel industry was criticized for helping stoke food prices.
Gore said a range of factors had contributed to that food price crisis, including drought in Australia, but said there was no doubt biofuels have an effect.
"The size, the percentage of corn particularly, which is now being (used for) first generation ethanol definitely has an impact on food prices.
"The competition with food prices is real."
Gore said he instead supports so-called second generation technologies that do not compete with food — using farm waste or non-food sources like switchgrass to make ethanol.
"I do think second and third generation that don't compete with food prices will play an increasing role, certainly with aviation fuels," he added.
Gore added did that he did not expect a U.S. clean energy or climate bill for "at least two years" following the mid-term elections that saw Republicans increase their presence.
