Congressional Cowardice Sustains Ethanol Subsidies
At this moment, $6 billion in annual federal subsidies continue to be paid to American farmers to grow corn for producing ethanol. The ethanol continues to be added to gasoline, creating a mixture which will damage vehicles’ engines and result in carbon emissions no lower than those produced by combusting the pure gasoline despised by eco-zealots. The subsidies–our tax money–have also fueled a doubling in corn prices during the worst recession since the Great Depression.Read More
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