So why subsidize corn ethanol?

Corn Ethanol and a Non-Warming Earth

By Dennis Avery —— Bio and Archives--June 5, 2012

Global Warming-Energy-Environment | Comments | Back To Full Article

CHURCHVILLE, VA—The earth has failed to warm at all for 15 years now, and American farmers are afraid of losing the “renewable fuel” mandate for corn ethanol—which has given them record crop prices and incomes since 2007. So, they’re proposing a new entitlement designed to ensure that they’ll never lose money again. Their proposed new federal farm bill would guarantee that farmers’ incomes don’t decline—and if future farm prices rise even more, the Feds’ guarantee would ratchet up too.

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