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This is actually a good idea (IMO), but the huge problem is that most states have mandated ethanol content required for gasoline, and there's no "circuit breake
by jobu 6y ago
This is actually a good idea (IMO), but the huge problem is that most states have mandated ethanol content required for gasoline, and there's no "circuit breaker" in place when food prices rise dramatically. When corn prices quickly doubled during the Great Recession (2007-2008) we could've stabilized the price by cutting the amount being used for ethanol in gasoline.
- jasonjayr 6y ago... which would have (probably) spiked the price of gasoline, which may have had other effects. I do not envy the people who have to research, analyze, plan, and execute these policies in complex economies in hard times like that.