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Oil would be pretty much the same. Ag would be a chaotic disaster. The subsidies for ag were written in blood based on the need to smooth the natural forces of
by reaperman 2y ago
Oil would be pretty much the same. Ag would be a chaotic disaster. The subsidies for ag were written in blood based on the need to smooth the natural forces of extreme cyclic market fluctuations that affect all inelastic commodities.
But a society cannot afford those cycles to play out for their food supply. Prices need to be stable and we need a slight oversupply of staples to be robust rather than perfectly efficient.
I’m not saying the subsidies are perfectly dialed in and that there’s no waste or pork. But some are very very necessary.
- adgjlsfhk1 2y agothe big division we need to kill is ethanol in fuel. it's 30% less efficient than gas, much more expensive, produces more CO2 and gums up and destroys engines if you let it sit for a few weeks.
- Vecr 2y agoYou need some. Otherwise you would need to re-engineer for a different anti-knock. Tetraethyllead is unusable in modern cars.
- fingerlocks 2y agoThere are many premium gas stations that sell unleaded ethanol free gasoline