“Somewhere, somehow, somebody has figured out how to make a buck on it and is doing their best to get the government to help them do it.”
That is what Cruz is saying he will do - let them make a buck on it (or not) - but keep the government out of it. Keeping the government out of it could be difficult. Some of the EPA rules, parts of obamacare, etc. were put in by Executive Order - and can be removed by executive order which Cruz has promised to do. Some of this though is law, and will need to be run through Congress to remove.
I believe that as it stands now the ethanol subsidies are already set to expire in five years. And Cruz says he’ll stick with that (allowing the farmers time to adjust). Of course with a different President they could be extended.
I’m fine with all that. But I still am highly suspicious of why the person who gets his living from building ethanol plants - where Ted learned most about RFS, blend wall, etc. thinks this will increase ethanol market share.
I simply do not believe that removing restrictions will force the public to ‘demand’ more ethanol as a must-have. There has to be some kind of catch with it.
Even despite its destructive characteristics, you can’t overcome the basic facdt that ethanol contains 2/3 of the energy that gas has.