2 ms·
Couldn't say it better. Subsidies don't work out the way you want. Look at ethanol: it's an incredibly dirty fuel source (using tons of diesel to make "fuel", s
by exabrial 6y ago
Couldn't say it better. Subsidies don't work out the way you want. Look at ethanol: it's an incredibly dirty fuel source (using tons of diesel to make "fuel", smart!) but the ethanol lobby and unions have entrenched themselves permanently so its not worth the fight.
- galangalalgol 6y agoIt just occurred to me that the EV transition will also affect food prices, that should be interesting. Big agro and big oil batting against it. Not sure how we are making even the little progress we are.
- thinkcontext 6y agoIndeed, 40% of US corn is used for ethanol so the potential effect could be huge. However, there's a lot of movement afoot in the ethanol industry for using carbon capture. My guess is given the Ag lobby biofuel will be retained for some time.
- telchar 6y agoWhat unions are involved in ethanol? That's primarily the corn farmer/big ag corps' interest.