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U.S. Senators introduce bill to eliminate corn ethanol mandate
Reuters ^ | 12/12/2013 | Timothy Gardner

Posted on 12/12/2013 12:56:09 PM PST by thetallguy24

WASHINGTON (Reuters) - A group of 10 U.S. Senators introduced a bipartisan bill on Thursday to eliminate the corn ethanol mandate, arguing that current law raises the cost of food and animal feed and damages the environment.

The bill, introduced by Dianne Feinstein, a California Democrat; Tom Coburn, an Oklahoma Republican; and eight cosponsors, faces an uphill battle as many lawmakers from agricultural states support the Renewable Fuel Standard (RFS)that dictates that rising volumes of ethanol made from grains, including corn, be blended into motor fuel.

Feinstein said the bill supports development of advanced biofuels, including those from made from soybean oil, grasses and trees. But it would eliminate the mandate for corn-based ethanol, which currently represents the vast majority of biofuels produced in the United States.

She said the corn mandate diverts a large proportion of the U.S. corn crop towards making fuel, raising animal feed and food prices.

In 2012/13, over 4.6 billion bushels of corn was used for the production of ethanol and by-products, out of a drought-reduced total U.S. supply of 11.9 billion bushels, according to the Department of Agriculture.

"I strongly support requiring a shift to low-carbon advanced biofuel, including biodiesel, cellulosic ethanol and other revolutionary fuels. But a corn ethanol mandate is simply bad policy," Feinstein said in a statement.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: corn; corngas; energy; ethanol; farmerfathead; feinstein; gas; gasoline; oil; welfare
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To: thetallguy24

Emperor Zero will never sign. Burning food crops is an important part of the Cloward-Piven strategy to destroy the American economy.


21 posted on 12/12/2013 2:52:18 PM PST by backwoods-engineer (Blog: www.BackwoodsEngineer.com)
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To: thetallguy24

Feinstein.

Just
Freakin’
WOW.

I thought that this was some kind of fantasy or satire blog link.


22 posted on 12/12/2013 2:57:57 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: thetallguy24

Subsidy=rob then pay your favorites = nonAmerican


23 posted on 12/12/2013 3:29:02 PM PST by bestintxas (Obamacare = Obamascrewed)
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To: bestintxas

ending the mandate would be good, but does it also end the subsidies?

we need to end all corporate and agro subsidies.


24 posted on 12/12/2013 3:30:28 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: thetallguy24

I’m getting old and not quite as sharp as I used to be. And I never was that sharp to begin with. But isn’t all legislation supposed to start in the house?


25 posted on 12/12/2013 3:42:53 PM PST by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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To: thetallguy24

* U.S. Senators introduce bill to eliminate corn ethanol mandate * and the E.P.A. enforced special blends that go with it ?


26 posted on 12/12/2013 7:47:58 PM PST by American Constitutionalist
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To: thetallguy24

I think the safe thing to do now is let her be once she has come to her senses.


27 posted on 12/12/2013 7:49:26 PM PST by American Constitutionalist
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