Lawmakers of both parties are growing weary of the billions of dollars spent each year on federal subsidies for corn-based ethanol. In fact, an encouraging, bipartisan movement is afoot to kill the subsidies.
Ethanol makers get 45 cents from U.S. taxpayers for each gallon of the fuel they produce, and the government requires that billions of gallons of ethanol be blended into our fuel supply. Meanwhile, a 54-cent-per-gallon tariff keeps out cheaper, sugar-based ethanol imports from Brazil.
“Ethanol is the only industry that benefits from a triple crown of government intervention,” Sen. Dianne Feinstein, D-Calif., recently told The New York Times. “Its use is mandated by law, it is protected by tariffs, and companies are paid by the federal government to use it.”
That’s wrong and unconstitutional. Ethanol’s subsidies should end.
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Conservatives have long denounced the federal government’s unconstitutional use of taxpayer subsidies to prop up corn-based ethanol.
I thank this newspaper for highlighting one of the most ridiculous programs from the federal government that is dragging down families in the form of higher food prices. Ethanol consumes food grain and farm land yet has proven to have little impact on oil consumption and prices: it has less energy content per gallon as gas and consumes much energy to produce. Our state Senators and Representatives need to stand behind the people and kill this law.
I agree. I thought it was a good idea at first but it's just turned out badly. Let's cut our losses and phase out the subsidies and ethanol mandates.
Plus ethanol is bad for my boat. :)
The congessional districts with highest record of farm subsidies are represented by all GOP.
Good luck!
While we're at it, cut out subsidies for oil companies (14 Billion per year.)
L4F, you poor, drooling simpleton. What part of oil industry subsidies is "libertarian?" Excatly who do you think bears the cost of the subsidies now, if not the taxpayer - fairies and magical elves?
Check this out and see what innovation still is today.
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