Congress Actually Ends Taxpayer Funding Of Ethanol Subsidies
#1
Congress Actually Ends Taxpayer Funding Of Ethanol Subsidies
Hurray! Now all we have to do is get rid of ethanol mandates.
http://www.greencarreports.com/news/...anol-subsidies
http://www.greencarreports.com/news/...anol-subsidies
#5
Any ethanol (not just corn) is bad, period. From this link http://biggovernment.com/tag/ethanol-mandate/
"The driving force behind U.S. ethanol consumption is the Renewable Fuel Standard (RFS), otherwise known as the ethanol mandate, which was established with the enactment of the Energy Policy Act of 2005.The RFS mandated that a minimum of 4 billion gallons of renewable fuels be used in 2006 and that Americans consume at least 7.5 billion gallons by 2012. Two years later, in the midst of the 2008 campaign cycle, Congress passed the Energy Independence and Security Act of 2007 greatly expanding the RFS mandate. Americans now must consume 36 billion gallons of “renewable fuels” annually by 2022—15 billion gallons of which will be corn ethanol."
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#10
........ there's gonna be a lot'a pissed off corn farmers out there who expanded production to supply the mkt, only to have the regulatory rug pulled out from under them after they've fully committed.
....... when gov't intervenes to manipulate a market, insiders profit while somebody else always gets burnt.
....... when gov't intervenes to manipulate a market, insiders profit while somebody else always gets burnt.