The United States has ended a 30-year tax subsidy for corn-based ethanol that cost taxpayers $6 billion annually, and ended a tariff on imported Brazilian ethanol.
Congress adjourned for the year on Friday, failing to extend the tax break that’s drawn a wide variety of critics on Capitol Hill, including Sens. Tom Coburn, R-Okla., and Dianne Feinstein, D-Calif. Critics also have included environmentalists, frozen food producers, ranchers and others.
The policies have helped shift millions of tons of corn from feedlots, dinner tables and other products into gas tanks.
Environmental group Friends of the Earth praised the move.
“The end of this giant subsidy for dirty corn ethanol is a win for taxpayers, the environment and people struggling to put food on their tables,” biofuels policy campaigner Michal Rosenoer said Friday.
The subsidy has provided the oil and agribusiness industries with 45 cents per gallon of ethanol blended into gasoline. By some estimates, Congress has awarded $45 billion in subsidies to the ethanol industry since 1980.
Just like you didn’t see 27 Dresses when it came out, begin avoiding 95% of writing that uses personal pronouns, which means almost everything online. It doesn’t matter if it’s written by someone you’ve met in real life, or in a publication you’ve read any liked before. If…
Watching a History Channel show on Stalin I felt the sickening feeling of those seeking more power for government. Government has to take to give; Stalin took the lives of millions. Have you ever heard someone say, “Communism just hasn’t been implemented right?” Fools.
Call it what you want but humans shouldn’t be ruled, no matter how noble the government intends to be. Humans yearn to be free. Government should protect liberty not provide benefits, because the benefits came from someone else.