Monday, June 20, 2011

The Beginning of the End for Ethanol?

Last week the Senate voted to kill ethanol subsidies. Hooray for sanity! The U.S. has been simultaneously driving up food prices, decreasing car mileage, and spending $6 billion/year in handouts to agribusiness interests - a truly great public policy. The EPA is still mandating ethanol as an additive to gasoline, but if the Senate sticks to its guns we may see the end of this white elephant. It can't come a moment too soon.

townhall.com/columnists/luritadoan/2011/06/20/confronting_wasteful_spending_the_senate_vote_on_ethanol
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1 comment:

  1. K.C. HunsakerJuly 3, 2011 at 1:50 PM

    Yep, corporate welfare can't end too soon. It's too bad that people don't see it for what it is.

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