Articles Tagged: renewable-fuel standard

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 […]

Allow the Renewable-Fuel Standard to Rest in Peace | Commentary

Ronald Reagan once observed that the closest thing to perpetual life was a government program. They start but never seem to end. Congress can make an exception to Reagan’s truism. Sens. Tom Coburn, R-Okla., and Dianne Feinstein, D-Calif., have introduced legislation to repeal the federal ethanol mandate. Coburn said, “This misguided policy has cost taxpayers […]

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