Ethanol: Feed a Person for a Year or Fill Up an SUV?
The ethanol scam just keeps getting more and more absurd. In January, three U.S. senators -- two Democrats, Tom Harkin of Iowa and Barack Obama of Illinois, along with Indiana Republican Richard Lugar -- introduced a bill that would promote the use of ethanol. It also mandates the use of more biodiesel and creates tax credits for the production of cellulosic ethanol. They called their bill the "American Fuels Act of 2007."
The most amazing part of ...
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