Commentary By Ron Beasley
Ethanol from corn was always a really bad idea. It made food more expensive and cars less efficient while enriching agribusiness. In a bipartisan vote both Republicans and Democrats stood up to their corn belt piers and said enough is enough.
The Senate voted 73-27 Thursday to kill a major tax break that benefits the ethanol industry, handing a political win to a bipartisan group of lawmakers that call the incentive needless and expensive.
The vote also could have ramifications on future votes to reduce the deficit. Much of the GOP conference supported Feinstein's bill even though it does not include another tax break to offset the elimination of the ethanol tax credit.
Bio-fuel may be a solution but ethonal from corn never was. Will they have the guts to end the ethanol requirement? Will Obama veto the bill? A secondary benifit is it hurt that repulsive little twerp Grover Norquist.
In terms of carbon emissions and energy use, ethanol from corn is worse than the equivalent gasoline -- the energy and chemical and machinery inputs required by modern industrial corn cultivation make corn ethanol fuel a net energy loss.
ReplyDeleteIt's always been a boondoggle, a political sop to the ag states, not a sustainable energy program.