How US Sugar Subsidies Bring a Red Tide of Algae to Florida’s Shores
Crony capitalism isn’t good for the environment either.
(From Mises)
Though other factors play a role in the algae bloom crises, one of the most significant involves the sugar industry. A combination of federal sugar subsidies, federal regulations on pollution, and federal control of Lake Okeechobee (a giant lake in southern Florida) runoff guidelines has created a recipe for disaster.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2018/08/how-us-sugar-subsidies-bring-a-red-tide-of-algae-to-floridas-shores/
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