Boondoggle Ethanol Program Got You Down? Help End it.

Boondoggle Ethanol Program Got You Down? Help End it.: "Boondoggle Ethanol Program Got You Down? Help End it.
Below the Gnat Line ^ | May 19, 2011 | Ken Carroll

Posted on Thursday, May 19, 2011 8:04:09 AM by possum john

Ethanol is Not About Energy Independence

Have you figured out that the federal ethanol program is not about becoming energy independent, but about putting Midwest corn farmers on the government dole? If not, keep reading. If so, are you ready to help end it? That's in here, too.

If you think ethanol lowers fuel prices, then I guess you don't know that each gallon of ethanol is subsidized 47.5 cents per gallon by our tax dollars. In fact, Brazil exports ethanol, but we put a 54 cents per gallon import tax on Brazilian ethanol and then limit its import to seven percent of US production. If it were about saving money, we'd simply import the much less expensive ethanol from Brazil."