ATHENS, Greece -- Former Vice President Al Gore reportedly has had a change of heart on ethanol, telling a conference on green energy in Europe that he supported tax breaks for the alternative fuel to pander to farmers in his home state of Tennessee and the first-in-the-nation caucuses state of Iowa.
Speaking at a green energy business conference in Athens sponsored by Marfin Popular Bank, Gore said the lobbyists have wrongly kept alive the program he once touted.
"It is not a good policy to have these massive subsidies for first-generation ethanol," Reuters quoted Gore saying of the policy that is about to come up for congressional review. "First-generation ethanol I think was a mistake. The energy conversion ratios are at best very small.
"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," the wire service reported Gore saying.
Ethanol is made by extracting sugar from corn, an energy-intensive process. The ethanol industry will consume about 41 percent of the corn crop this year, or 15 percent of the global corn crop, according to Goldman Sachs analysts.
A food-versus-fuel debate erupted in 2008, as a result of record food prices, in which the biofuel industry was criticized for helping stoke food prices.
Gore supported so-called second generation technologies which do not compete with food, for example cellulosic technologies which use chemicals or enzymes to extract sugar from fiber for example in wood, waste or grass