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NASA Greenland Ice Melt Report Sparks Global Warming Debate

Yahoo!: A NASA report describing an "unprecedented" instance of ice melting in Greenland has sparked a new debate about global warming and has elicited accusations that the space agency has become politicized where climate science is concerned. 97 percent of Greenland's ice sheet melted in July According to the report, NASA satellite data suggests that at one time or another 97 percent of the ice sheet that covers Greenland had thawed due to the persistence of a warm air mass over that land mass. Ordinarily...

Rick Perry Attacks Ethanol Subsidies in Iowa

Yahoo!: In a speech in Pella, Iowa, Texas Gov. Rick Perry, a candidate for president, called for the abolition of ethanol subsidies. This is considered a bold position to take in the first caucus in the nation state, where a lot of corn is grown to make ethanol. How does the U.S. subsidize ethanol? The ethanol subsidy law was signed by President George W. Bush in 2004 and went into effect in 2005. The subsidy allows ethanol blenders to receive a 45 cents tax credit for every gallon of ethanol they...

Ethanol No Longer Third Rail of Iowa Republican Politics

Yahoo!: Recent pronouncements by declared Republican presidential candidate Tim Pawlenty favoring an end to ethanol subsidies and undeclared possible candidate Sarah Palin to end all energy subsides have been seen as evidence of political courage. It has been a truism for a long time that ethanol subsidies are the third rail of politics in corn state Iowa, where the first national caucus is to be held. That is certainly the calculation of Mitt Romney, another declared candidate, who has recently announced...