Posted by MarkB_MI on November 29, 2011 at 02:40:42 from (166.203.172.106):
In Reply to: Ethanol posted by John in La on November 28, 2011 at 19:33:08:
Few topics get folks so worked up here as ethanol.
My opinion: Pull the subsidies and let it stand on its own. There is a role for ethanol fuel: it's really the only oxygenate additive available since MTBE was discontinued. (ETBE, another oxygenate additive, is derived from ethanol.) But it is debatable if it's really necessary to add oxygen to fuel; federal requirements to do so were dropped in 2006.
There is very little hard evidence that ethanol production will reduce our dependence on foreign oil. But it remains politically very popular, as the agribusiness lobby is quite powerful and holds influence with both political parties. It says a lot about Congress that they won't eliminate this particular barrel of pork.
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