As soon as oil & other industrial subsidies are also dropped, I'll put my signature right next to yours on dropping the ethanol subsidy.
It has been reduced 10% in the new farm bill you know?
Most new technologies & industries are heavily subsidied by any govt to get them started. Some day biomass or algea or some similar will be making us fuel in combination with corn starch and the whole process will be much more efficient & productive, and govt subsidies will diminish. But without the subsidies, how do we get there from here?
We need fuel, we have surplus corn. No one is going to plant switch grass & sit on the crop for 5-10 years waiting for that process to start working.... No one is going to build a biomass plant & sit on it waiting for 1000's of acres of switchgrass to be planted & established. The chicken & the egg.
So we start by using what is available & improve & tinker and develop better ideas.
Oil companies of the 1920's got _much_ sweeter deals from the govt to develop & bring on the oil business.
Ethanol is ok to get a tiny push in the rear from the govt to try to compete????
Minnesota has had 10% ethanol for many many years now. We've had 2% biodiesel for almost 2 years. Both of those are being ramped up to 20% and 5%, as markets allow.
University studies have shown the 'sweet spot' for many vehicles is 20% ethanol - they are more efficient, dollar wise, at around 20%.
We are taking baby steps yet to develop different, workable alternative energy sources. I don't think we should turn our back on what is out there & what looks like will work. We need to keep working with it & improve it. We do not have _the_ answer yet, but we are a lot colser than if we just shrug our shoulders and say we shouldn't spend anything on it & shouldn't try anything.....
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