This just in: corn ethanol “was not a good policy.”
Guess which politician admitted that pouring billions of dollars into a corn-ethanol subsidy was a bad idea? If you said George W. Bush, you’re wrong. Well, maybe he said it too, but…
Guess which politician admitted that pouring billions of dollars into a corn-ethanol subsidy was a bad idea? If you said George W. Bush, you’re wrong. Well, maybe he said it too, but…
If you feed a dinosaur, you get a bigger dinosaur. Just don’t come complaining to me when it eats you.
Tweet via Greentech Media: One of the main arguments that pro-ethanol lobby groups like the Renewable Fuels Association (RFA) and Growth Energy make in defense of the generous Congressional subsidies to U.S. corn ethanol producers is that Brazil unfairly competes by slapping a 20% tariff on imported ethanol, effectively locking out U.S. ethanol exports. Well, [...]
