Articles Tagged: Ethanol

RFS: A Bootlegger’s Dream

In the 1980s, Professor Bruce Yandle of Clemson University developed the Bootlegger and Baptist theory of public choice to describe how private interests use political action to extract profits by wrapping their activities in the garb of the public good. The theory derived its name from bootlegger support of Baptist efforts to prevent the sale […]

A Framework for a New U.S. Energy Policy

In A Framework for a New U.S. Energy Policy,Institute CEO William O’Keefe and Institute President Jeff Kueter outline principles to guide the development of U.S. energy policy in the years to come.  Drawing on the lessons learned from years of ad hoc policy approaches to energy issues, the report details “the basic lessons learned over the […]

Wow, Even Tom Friedman Wants to Drill Baby Drill?

Can we talk about oil? Tom Friedman now evinces excitement about his discovery of the emergence of America as “a major oil and gas producer.” (See his Sunday New York Times column.) No kidding. He was, he says, tantalized by a tongue-in-cheek idea; the U.S. could join OPEC.

ETHANOL: Another Monument to Government Arrogance

The Clean Air Act Amendments of 1990 contained a provision requiring that gasoline contain up to 10% oxygenate, which was a code word for ethanol. At the time, there was an abundance of technical data demonstrating that reduced tailpipe emissions could be met without the mandate. But, Congress wanted to enrich corn farmers so the mandate became law.

Senate Vote Against Niche Ethanol Subsidies Gives Perspective to Debate Over Broader Tax Cuts

Ethanol is no longer politically sacrosanct. The U.S. Senate sent that message last week when it voted 73 – 27 to eliminate the 45 cent per gallon tax credit for ethanol refiners.

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