The Ethanol Boondoggle Will Continue
USDA Sec. Sonny Perdue supports the ethanol mandate. Evidently there are some parts of the swamp that will never be drained.
Lewis Morris · May 11, 2017
Agriculture Secretary Sonny Perdue informed reporters this past weekend that one promise Donald Trump intends to keep is his support for ethanol. At a farming event in Iowa with Republican Senator Chuck Grassley and Rep. Steve King, Perdue said, “Ethanol is here to stay, and we’re going to work for new technologies to be more efficient.”
Unfortunately, this is one Trump campaign promise that would have been good to break. The Renewable Fuel Standard — known as the ethanol mandate — is a classic example of what happens when the government interferes in the marketplace, with an agenda to boot. Through presidential administrations both Republican and Democrat, the government has heavily subsidized the production and distribution of ethanol, as well as required a certain amount of its use, in the hopes of making renewable fuels the next great thing.
https://patriotpost.us/articles/49029