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Friday, June 17, 2011

Carpe Diem and Ethanol

Link here.
MP: Paul Gigot of the WSJ pointed out a decade ago that "ethanol is produced by mixing corn with our tax dollars." Hopefully, given the reality of our worsening fiscal situation, the Senate vote today signals that taxpayer funding of ethanol will eventually end, and ethanol will have to survive on its economic and scientific merits.  Simply put, without tax dollars, the current political-motivated recipe for producing so much corn ethanol is doomed.

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