So... when are you going to hold the conventional oil companies to the same standards?
Or the entire alternative electrical generation industry, such as solar, wind, geothermal, etc?
Or the US auto companies themselves? (eg, Chrysler and their bail-out in the 80’s)
How ‘bout the steel industry in the US (given import tariffs by Bush)?
Do you bank or trade with i-banks or money center banks that are taking loans from the Fed because they screwed themselves with their absurd levels of leverage?
Or is this just your personal little grievance against only ethanol?
What subsidies? The research and development tax credit? You are probably referring to the gulf wars. The ethanol boosters have the ridiculous position that the gulf wars were a subsidy to big oil.
Perhaps you did not see the financial results of the major energy companies. Exxon paid more than $100 billion in taxes on $400 billion in revenue. The traditional energy companies are taxed and regulated at every inch of production. New oil refineries are just about impossible to permit and build. Ethanol refineries go up every week.
There is no comparison of subsidies in other industries to ethanol. The ethanol subsidies are massive and permament. They are especially egregious because consumers are forced to buy the product. Even with overwhelming evidence of the boondoggle, the ethanol boosters just want more subsidies.