[[editor's note, by David Roberts] In addition to the updates below, I wanted to make it clear that this post does not meet Grist's standards. Had I been around (I'm on vacation), I would not have published it. I've sent Khosla a personal apology, which he has graciously accepted.]
[UPDATE: Dave has requested that I update this post, which I have done below with some clarifications and added links.]
Vinod Khosla recently posted this comment titled: "Numbers Matter Here: Support your statements" over on Joseph Romm's post.
There is nothing wrong with an individual investing in a product that he or she believes in. The problem arises when perversely wealthy individuals try to further line their pockets by putting their paws in our pockets, using our tax dollars to fund their get richer schemes. Get your hands out of our pockets and keep them out, you money-grubbing rascals.
When Vinod Khosla takes E-85 fueled car trips with the likes of Sen. Tom Daschle, he is quite obviously lobbying for support of ethanol. Our government process has become seriously compromised thanks to wealthy special interest seekers buttonholing politicians to line their own pockets. It is a two-way street of course, with the senator hoping to receive campaign donations from those who want his support of ethanol. There are almost 35,000 registred lobbyists in Washington. How many of those lobbyists get to ride in a car with a Senator?
Vinod, that may be how business has been done in India but that may also explain a lot of India's past problems. We need to fix the problem here before we end up like India (the country you bailed from).
[UPDATE: The above comment has been taken by some to be xenophobic (and therefore racist). I am referring only to the Indian government's low CPI score (corruption perception index). I should have been more clear that it is this political corruption that Khosla has left behind. Commenter pangolin read my intent correctly here:
The OP points out that the rise of ethanol as a motor vehicle fuel is the product of rampant political corruption and crony capitalism in the US Federal government. He vaugely mentions the well documented rampant political corruption and crony capitalism that has been widely acknowledged to be preventing India from solving it's many problems.
All bloggers eventually get into hot water when what they write is misinterpreted or flat out wrong, as many of my fellow contributors can attest. It comes with the territory. And yes this is a harsh critique. Market distortions by special interests are wreaking havoc on the the environment. My apologies to anyone offended.]
As a self-professed life-long Republican, you helped put the most anti-intellectual, anti-environmental, ham-fisted president in the history of this country into office who for the first time in our history took us to preemptive war and on erroneous data at that, essentially by accident. We may never recover from his legacy. Based on that decision alone I would not trust your judgment any further than I could throw you.
Now let's talk about your numbers and especially about the assumptions made to get them.