Tag Archives: ethanol

Renewable Fuels Standard Could Gobble Up America's Entire Corn Crop

Renewable Fuels Standard Could Gobble Up America's Entire Corn Crop

The government must stop mandating ethanol production, Mark Perry notes. It drives up prices and, unless something is done, in the not-so-distant future the mandate may have our entire American corn crop diverted to making ethanol: Corn ethanol is clearly inferior to gasoline as a fuel source for automobiles. Despite a 51-cent-per-gallon tax credit to

Biofuels Causing Famine

This is what happens when the government distorts markets with subsidies, mandates and protectionism. Recent laws in the United States and Europe that mandate the increasing use of biofuel in cars have had far-flung ripple effects, economists say, as land once devoted to growing food for humans is now sometimes more profitably used for churning

Top