“I’m guessing the free market can take care of it.”
And just where does the “free market” enter into this picture? Like all government “interventions in technology,” the road to ruin was paved with “good intentions,” but with poor assumptions, coupled with onerous regulations. And the kicker is that now “King Corn” has it’s own dedicated “government tit!”
No - I don’t like the idea of ethanol fuel. I also don’t like gov’t intervention. Don’t mandate it, don’t subsidize it, don’t limit it. If the ethanol producers think they can make money on it on the free market - great! (Cruz said their are cars in other countries that run on 50% ethanol).
The trouble is, if we burn our food as “cheap” fuel, then food gets more expensive. (All crops). Of course then the farmers will figure that out pretty quick. “Hey everyone is growing corn for fuel - and the price of beans is way up. I’ll grow beans!”
The trouble with corn - it takes a lot of fertilizer and water compared to other crops. Even the greenies now are against ethanol because of that.