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Views from the Center

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Three Reasons Why Electricity Should Be President Obama’s Legacy in Africa

A month after the inauguration, it’s not too early for the White House to start thinking about legacies. President Obama will surely want some signature development achievement that will outlive his Administration and help, in the public mind, to solidify the connections between Africa and the American people. To be worthy of a US President, and especially one with a family connection to the continent, it has to be something great. Bill Clinton has AGOA. George W.

The Ethanol Link between Food and Energy Prices in Pictures

US government promotion of the ethanol industry is an important element in the recent spikes in corn (and other food) prices, but rising oil and gasoline prices are also key contributors.  This is the punch line of a recent presentation I gave on US biofuel policy, and a point that can be clearly illustrated in just two charts:  the first chart provides a crude summary of key elements of US biofuels policy; the second chart shows trends in ethanol production, corn prices, and crude oil prices all starting to move together in the mid-2000s.