Even Congress of all people have realized than ethanol is a complete waste but they will do nothing to remove the subsidies they have earmarked to support it.
Our tax money has and is being used to reduce the quality of fuel used in our vehicles and also to cause the rise in food prices we all have to absorb every day with or without a car!
Next time you go shopping for food look to see just how many of the products you use rely on corn in one way or another.
Remember your so called elected representatives have used your money to insure your food cost more, that in free cultures is considered a double increase!
Even Congress of all people have realized than ethanol is a complete waste but they will do nothing to remove the subsidies they have earmarked to support it. "While a $5 billion-a-year federal ethanol subsidy is scheduled to expire this year, the production requirement will remain, unless it's changed by Congress."
That's progress. I don't know if that's all of corn ethanol's subsidies. My main problem is subsidies, all subsidies, except for basic science, e.g. getting hydrocarbon fuel from cellulose in new and cheaper methods, not distilling ethanol from corn. There should be nothing for producing commodities. That's what a free market should determine.