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When demand peaks and production booms, normal businesses invest and expand. The ethanol industry just asks for a handout.Even after the state produced a record-breaking 4.2 billion gallons of ethanol in 2017, the biofuel industry wants more. Touting that 100 million gallon increase over last year, the Iowa Renewable Fuels Association is lobbying for more subsidies from the state government.“Expanding export markets abroad and breaking down unnecessary barriers to E15 here at home [are] top priorities,†wrote executive director of the ethanol association, Monte Shaw. More specifically, the organization’s “top state priority†means securing money for what’s called the Iowa Renewable Fuels Infrastructure Program.Read more at: http://www.washingtonexaminer.com/after-a-record-year-in-iowa-big-ethanol-asks-for-another-handout/article/2644574
Personally I think ethanol will be replaced in 10 years or so, but for right now forget subsidies and ditch the mandate and let it survive on it's own.