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To: flashbunny
Just how much are ethanol producers subsidized? Corn farmers receive subsidies that go down when the price of corn goes up. Ethanol blenders, often your local oil/gasoline companies that supply gas stations get a $.51 per gallon income tax credit for every gallon of pure ethanol the blend in. As far as I know the producers themselves don't get any subsidies unless a state gives them the subsidies. They make a profit because they can produce ethanol for somewhere in the neighborhood of a dollar a gallon and then sell it for more than that.
62 posted on 12/11/2006 9:39:43 AM PST by TKDietz (")
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To: TKDietz

google ethanol subsidies,and read awhile. the cato institute did a report years ago on ADM and how much they get - it was disgusting. I wish they'd do a new one.

The amount of ethanol subsidies, the impact of mandate (and effects on the free market and personal choice) and the environmental impact are all things the ethanol lobby and their acolytes try to hide or deny.

You know, ethanol right now strikes me along the lines of trans fats- something the liberals, nannies, and government wanted, and now they all say it's evil. I don't know if that will ever happen with ethanol though, as long as politicians can buy iowa, and adm can buy politicians.


65 posted on 12/11/2006 9:43:41 AM PST by flashbunny (If the founding fathers were alive today, they'd be buying feathers and boiling tar.)
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