More tax money to ethanol

Central Penn Business Journal on the announcement of $31 million in taxpayer-financed state grants for “clean energy projects,” primarily going to ethanol and biodiesel companies.

Appearing yesterday on the Cato Institute’s blog was yet another story on how ethanol subsidies are not working – in this instance driving up the cost of meat for US consumers (as cattle and poultry farmers are paying more for feed).

Previously this blog has noted that ethanol mandates and subsidies lead to more gasoline use and polution (as ethanol must be transported by truck and cars that run on E-85 get worse mileage).