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As a basic point, I am not opposed to renewable energy. In fact, I've made some small investments in some publicly-traded companies involved in renewable energy.

Having said that, I long ago realized that corn-based ethanol is not the solution to our over-reliance on foreign oil. It's a waste in many different ways.

I think the best thing would be to cut this subsidy immediately. I suspect that the very thought of eliminating this subsidy is causing heads to explode over at the State Capitol.

Comments or opinions - anyone?

1 posted on 04/17/2009 9:17:14 AM PDT by MplsSteve
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2 posted on 04/17/2009 9:18:33 AM PDT by MplsSteve
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To: MplsSteve

Ethanol as a substitute or an additive is not viable without government subsidy.

This should be a dead issue, but common sense never prevails in the land of 10,000 loons!


3 posted on 04/17/2009 9:19:20 AM PDT by jurroppi1 (We need to reward the people that carry the water instead of the people that drink the water!)
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To: MplsSteve

Good luck with that. Subsidies are linked to lobbyists and can you imagine the lobbies that are linked to the state of Iowa alone, now that the Sec. of Ag is from Iowa?


4 posted on 04/17/2009 9:20:04 AM PDT by sarasota
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To: MplsSteve

If you have to subsidize a power-source for it to be viable, it is not a fuel.


5 posted on 04/17/2009 9:21:55 AM PDT by agere_contra
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To: MplsSteve
-- Comments or opinions - anyone? --

This is an "I told you so" moment. All of the reasons the program ought to be ended were expressed before it started, as to why it shouldn't be started.

I was going to say it was a "teachable" event, but politicians aren't teachable. They do whatever the public lets them get away with. So, my suggestion is to subject the politicians who were for the subsidies in the first place be subjected to merciless ridicule, and told that if they can't get something that simple right, why should they be trusted to get anything right?

6 posted on 04/17/2009 9:23:11 AM PDT by Cboldt
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To: MplsSteve
The money, $93 million paid to producers over the past five years, could be better spent on other programs that do a better job of reaching those goals (maximzing energy output), it concluded.

The could change the money into $100 bills and burn it it fireplaces. That would likely be more effective.

8 posted on 04/17/2009 9:26:45 AM PDT by Onelifetogive (Check out Puppy News at www.buyingapuppy.com)
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To: MplsSteve

What do you propose to replace the 10% ethanol added to gasoline with?? Productive fields generate 400 gallons ETOH/acre.


9 posted on 04/17/2009 9:26:47 AM PDT by Neoliberalnot ((Freedom's Precious Metals: Gold, Silver and Lead))
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To: MplsSteve

The ethanol lobby started work yesterday to get the mix moved from 10% to 15%. That will kill a lot of small motors, old motors, and cause a lot of unintended consequences.


10 posted on 04/17/2009 9:29:26 AM PDT by pikachu (Be alert! We need more lerts!)
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To: MplsSteve
A plate lunch at our favorite local eatery is now $8.00 -- up from $5.95, then $6.95 .......

Thank's to the "Let's ruin the gas while we drive up food costs" genuises in charge.

11 posted on 04/17/2009 9:31:28 AM PDT by San Jacinto (gorebull warming -- the Socialists' Shortcut.)
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To: MplsSteve

Ethanol: A Tragedy in 3 Acts
http://www.businessweek.com/print/autos/content/apr2006/bw20060427_493909.htm

Amid the current panic about gas prices many people are embracing ethanol. But that’s not such a good idea

During the comment period for the RFG (reformulated gas) program, supporters of ethanol had argued that the volatile organic compound (VOC) emission standards in the program — 42 U. S. C. 7545 (k) (3) (B) (i) — would preclude the use of ethanol in RFG because adding ethanol to gasoline increases its volatility and raises VOC emissions, especially in the summertime.

Background The American Petroleum Institute v. the U.S. Environmental Protection Agency [Docket #94-1502 (Heard by the U. S. Court of Appeals for the District of Columbia Circuit and decided on April 28, 1995)]

If there were ever a time when the truth in advertising standards should be put back into place, it’s now — during the current (third) attempt to convince the public that the massive use of corn-derived ethanol in our gasoline supply will alleviate our need for foreign oil. Ultimately, the answer to just one question determines ethanol’s actual usefulness as a gasoline extender: “If the government hadn’t mandated this product, would it survive in a free market?” Doubtful — but the misinformation superhighway has been rerouted to convince the public its energy salvation is at hand ....


26 posted on 04/17/2009 10:14:48 AM PDT by WOBBLY BOB (ACORN:American Corruption for Obama Right Now)
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To: MplsSteve
Here's the way you test it:

Eliminate the subsidies and place 10% ethanol blend in a pump right beside 100% gasoline. Let the consumer choose.

Any guesses as to which one will sell?

38 posted on 04/17/2009 11:48:03 AM PDT by brewcrew
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To: MplsSteve
Minnesota should get out of the business of subsidizing the state's ethanol industry, the Legislative Auditor's office said today.

Did Governor "Green Jeans" Pawlenty know and approve of this?

44 posted on 04/18/2009 6:20:23 PM PDT by RJL
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