Ethanol Subsidy Finally Eliminated

| Tuesday, June 21, 2011 | |
by Lurita Doan

A stubborn Washington has taken a long time to finally come to its senses and kill ethanol subsides. Once heralded as a great "green" initiative, studies soon proved that diverting huge amounts of American farmland to the production of expensive corn-based ethanol actually increased green house gases. America's best scientists warned stubborn senators that the nation’s ethanol policy was not achieving the desired results, even as it consumed massive amounts of taxpayer money.

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