Joel Velasco
Obama Visits Corn Ethanol Plant While Progressive Democrats Call for Import Tariff Phase Down
President Obama visited a corn ethanol plant in Missouri but was vague on continuing the 30-year history of subsidies and trade protection for ethanol. He did, however, suggest that U.S. biofuels have to be competitive on a global basis. Amen to that! Read More
On Ethanol Subsidies
Today I addressed ludicrous claims by the corn ethanol advocacy group Growth Energy about the Brazilian ethanol industry. People love to criticize subsidies as all bad. That is not necessarily the case. The problem is when the subsidy spigot is not turned off after its done its job. Read More