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Tag Archives: Corn Ethanol
America’s Strange Love for Corn Ethanol
In 2007, before our domestic shale boom put a big dent in America’s reliance on foreign oil, the Bush Administration made a massive commitment to biofuels. The Renewable Fuels Standard mandated an ever-increasing consumption of ethanol as a motor fuel … Continue reading
Great Achievements in Central Planning: The Renewable Fuel Standard
In 2005, Congress, in its infinite wisdom, imposed the Renewable Fuel Standard on America. The RFS mandates yearly increases in the amount of ethanol that must be used in motor fuel, on an ever-increasing schedule, through 2022. Problem is, nobody … Continue reading
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