Ethanol

“Energy self-sufficiency” is not the same thing as the politically popular and wholly unrealistic notion of “energy independence”. But it might be doable by 2026 for the United States. So says the President and CEO of the the ‘Big Oil’ lobby, the American Petroleum Institute (API).  During his annual energy policy speech December 4, API…

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The answer to THAT question determines how much life subsidies for corn-based ethanol have in the U.S. And the clock may be ticking on other subsidies. As fiscal pressures mount, both politically and financially, it is becoming increasingly difficult to defend the 45-cent-a-gallon subsidy to refiners and a 54-cent-per-gallon tariff on imported sugarcane ethanol. Together,…

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