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Where?Who said they did, retard?Big oil doesn't get most of the money that comes from those subsidies.
You?
Nowhere in that quote does it say what you claim it does. Try reading it again more slowly.Won't happen. Big Oil wants Corn to be the only Ethanol in town. It allows people to have the illusion of freedom and alternative energy sources without constituting a real threat to the existing system.
Where?Who said they did, retard?
You?
Nowhere in that quote does it say what you claim it does. Try reading it again more slowly.Won't happen. Big Oil wants Corn to be the only Ethanol in town. It allows people to have the illusion of freedom and alternative energy sources without constituting a real threat to the existing system.
' It allows people to have the illusion of freedom and alternative energy sources without constituting a real threat to the existing system.'
Don't be afraid to ask a librarian for help with the big words.
You can't grasp why they wouldn't be throwing all their weight behind trying to crush corn ethanol?Why is "Big Oil" worried about "Corn" in the first place if they don't get the money?
Is this the same as you not believing in telepathy right after you posted an article about facilitated communication through telepathy?
Or like you not supporting killing off less desirable people even though you support eugenics? Is the real problem here that you do not understand English?
Better still. "End ALL Welfare".Today the government pays refiners 45 cents a gallon through a tax credit to refine corn-based ethanol. An additional 54 cents a gallon tarirff blocks imports of less expensive and more energy efficient sugar-based ethanol from Brazil. Corn-based ethanol is mandated by federal law benefitting the farm belt.
Big oil, big agra benefit and we the people lose. For details on this bill, which is supported by members of both parties, and opposed by those who represent special interests, see the source below.
Feinstein, GOP senator fight subsidies for ethanol
Seems like red states are the ones producing sugar in the USA.
Why would a non sugar producing state be for the import tariffs on sugar?
Seems like red states are the ones producing sugar in the USA.
Why would a non sugar producing state be for the import tariffs on sugar?
If they were intelligent, they wouldn't, but libtards support so-called "green energy."
Notice the roaring silence from the leftloons since I floated that very proposition in #28.Better still. "End ALL Welfare".Today the government pays refiners 45 cents a gallon through a tax credit to refine corn-based ethanol. An additional 54 cents a gallon tarirff blocks imports of less expensive and more energy efficient sugar-based ethanol from Brazil. Corn-based ethanol is mandated by federal law benefitting the farm belt.
Big oil, big agra benefit and we the people lose. For details on this bill, which is supported by members of both parties, and opposed by those who represent special interests, see the source below.
Feinstein, GOP senator fight subsidies for ethanol
Can I get any liberals to agree to that? After all, if corporate welfare is bad, welfare is probably bad.
you lost me with the cuba sugar cane thing....what exactly does that mean?
I think (s)he means that Cuba might be able to produce large quantiles of low-quality sugar cane, which is ideal for producing sugar cane ethanol. [Cane sugar used for fuel production does not need to be fit for consumption]
This could be a source of wealth for Cuba and, coupled with socio-political and other economic reforms (such as ending the embargo and purchasing their sugar cane for refinement) could be part of a strategy for the advancement of Cuba.
If Cuba could grow the cane in sufficient quantities as a part of their overall economic production, it could form the basis of a mutually beneficial arrangement that provided some of our fuel needs and helped us break our dependency on Middle Eastern oil while promoting economic growth in Cuba and encouraging the development of the market there.
The obvious problem with such a proposal, of course, is the current political picture in Cuba.
Ethanol has been produced for fuel in the United States for at least 27 years. The industry launch was initiated by a subsidy of 40 cents per gallon provided in the Energy Policy Act of 1978.
Between 1978 and today, the federal ethanol subsidy has ranged between 40 and 60 cents per gallon (Tyner, 2007). The federal subsidy today is 51 cents per gallon. In addition to the federal blending credit, there are also some other federal and state subsidies.
In fact, Koplow (2006) calculates the total subsidy available for ethanol in 2006 to range between $1.05 and $1.38 per gallon of ethanol or between $1.42 and $1.87 per gallon of gasoline equivalent. Many would
regard these figures as being high, but they do demonstrate that the ethanol industry has been one with substantial subsidies
The Senate on Wednesday voted in favor of a one-year extension of the ethanol tax credit and the ethanol import tariff at existing rates, despite complaints the subsidies were wasteful
The 45-cent-a-gallon tax credit and the 54-cent tariff were to expire on December 31. A one-year extension means Congress will face the contentious biofuels question again next year.
Most House Republicans were expected to back the bill while Democrats in the chamber are becoming more resigned to passage of the $858 billion package, which is expected to boost economic growth next year but add to the budget deficit.
Senator Dianne Feinstein was rebuffed in a last-ditch attempt to cut the tax credit and the tariff to 36 cents each. Senate leaders declined to call a vote on her amendment.
The ethanol industry welcomed the extra life for the incentives.
"Extending these key incentives for American ethanol production and use will help save American jobs and provide the market stability allowing the industry to continue to grow." said Bob Dinneen, president of the Renewable Fuels Association.
The Senate bill also extends for one year the 10-cent a gallon small-producer credit and revives through 2011 the $1 a gallon biodiesel tax credit that expired at the end of 2009.
Shawn McCambridge, analyst at Prudential Bache Commodities in Chicago, said the one-year extension gave some limited support to corn and soybean futures contract prices.
"Most people expected that it would be passed in its current form and we've pretty well traded that since it was first discussed," he said.
The ethanol incentives will cost $7 billion and Feinstein said her amendment would have saved $2 billion.
End corporate welfare!
What's wrong with ending welfare, period?
.
End corporate welfare!
What's wrong with ending welfare, period?
.
Nothing. Get our economy in order and the demand for welfare will evaporate.
What's wrong with ending welfare, period?
.
Nothing. Get our economy in order and the demand for welfare will evaporate.
Actually that's backwards. Get rid of welfare and the economy will benefit.
If they were intelligent, they wouldn't, but libtards support so-called "green energy."
I think it's a matter of substitution. You can make alcohol from corn or sugar. So might as well keep out foreign sugar. And domestic producers will agree.
Notice the roaring silence from the leftloons since I floated that very proposition in #28.Better still. "End ALL Welfare".Today the government pays refiners 45 cents a gallon through a tax credit to refine corn-based ethanol. An additional 54 cents a gallon tarirff blocks imports of less expensive and more energy efficient sugar-based ethanol from Brazil. Corn-based ethanol is mandated by federal law benefitting the farm belt.
Big oil, big agra benefit and we the people lose. For details on this bill, which is supported by members of both parties, and opposed by those who represent special interests, see the source below.
Feinstein, GOP senator fight subsidies for ethanol
Can I get any liberals to agree to that? After all, if corporate welfare is bad, welfare is probably bad.
If they were intelligent, they wouldn't, but libtards support so-called "green energy."
I think it's a matter of substitution. You can make alcohol from corn or sugar. So might as well keep out foreign sugar. And domestic producers will agree.
They are "substituting" a more expensive product for a cheaper product. Only an idiot would think that's a good idea.
What's wrong with ending welfare, period?
.
Nothing. Get our economy in order and the demand for welfare will evaporate.
Actually that's backwards. Get rid of welfare and the economy will benefit.
Yep... a brief, loud sound of a needle being dragged off a record... then embarrassed silence and crickets. Then finally on post #55, the wet sound of Wry unclenching his sphincter pulling his head out and then vomiting out a mass of libberish he'd been chewing on.Notice the roaring silence from the leftloons since I floated that very proposition in #28.Better still. "End ALL Welfare".Today the government pays refiners 45 cents a gallon through a tax credit to refine corn-based ethanol. An additional 54 cents a gallon tarirff blocks imports of less expensive and more energy efficient sugar-based ethanol from Brazil. Corn-based ethanol is mandated by federal law benefitting the farm belt.
Big oil, big agra benefit and we the people lose. For details on this bill, which is supported by members of both parties, and opposed by those who represent special interests, see the source below.
Feinstein, GOP senator fight subsidies for ethanol
Can I get any liberals to agree to that? After all, if corporate welfare is bad, welfare is probably bad.
Actually an excellent post. ADM is "Standard Ethanol" and yet the left defends it even though their profits are strictly from wealth redistribution in regards to this product. End this subsidy and you solve multiple problems at once. Food prices, fuel costs (by ending the ethanol mandates) and increased taxes to pay for a failed product.the Archer Daniels Midland Corporation of Decatur, Illinois, produces 40 percent of the ethanol used to make gasohol.
Ethanol has been produced for fuel in the United States for at least 27 years. The industry launch was initiated by a subsidy of 40 cents per gallon provided in the Energy Policy Act of 1978.
Between 1978 and today, the federal ethanol subsidy has ranged between 40 and 60 cents per gallon (Tyner, 2007). The federal subsidy today is 51 cents per gallon. In addition to the federal blending credit, there are also some other federal and state subsidies.
In fact, Koplow (2006) calculates the total subsidy available for ethanol in 2006 to range between $1.05 and $1.38 per gallon of ethanol or between $1.42 and $1.87 per gallon of gasoline equivalent. Many would
regard these figures as being high, but they do demonstrate that the ethanol industry has been one with substantial subsidies
source
The enthanol industry is a [perfect example of a corporate WELFARE swindle.
And ethanol's most FAMOUS spokeman?
Former Republican Senator Robert DOLE.
But the GOP is STILL the biggest supporter for this kind of corporate WELFARE, folks
The Senate on Wednesday voted in favor of a one-year extension of the ethanol tax credit and the ethanol import tariff at existing rates, despite complaints the subsidies were wasteful
The 45-cent-a-gallon tax credit and the 54-cent tariff were to expire on December 31. A one-year extension means Congress will face the contentious biofuels question again next year.
Most House Republicans were expected to back the bill while Democrats in the chamber are becoming more resigned to passage of the $858 billion package, which is expected to boost economic growth next year but add to the budget deficit.
Senator Dianne Feinstein was rebuffed in a last-ditch attempt to cut the tax credit and the tariff to 36 cents each. Senate leaders declined to call a vote on her amendment.
The ethanol industry welcomed the extra life for the incentives.
"Extending these key incentives for American ethanol production and use will help save American jobs and provide the market stability allowing the industry to continue to grow." said Bob Dinneen, president of the Renewable Fuels Association.
The Senate bill also extends for one year the 10-cent a gallon small-producer credit and revives through 2011 the $1 a gallon biodiesel tax credit that expired at the end of 2009.
Shawn McCambridge, analyst at Prudential Bache Commodities in Chicago, said the one-year extension gave some limited support to corn and soybean futures contract prices.
"Most people expected that it would be passed in its current form and we've pretty well traded that since it was first discussed," he said.
The ethanol incentives will cost $7 billion and Feinstein said her amendment would have saved $2 billion.
source
Nailed it. Real conservatives and libertarians want to end all welfare regardless of subject. Charity is one thing, welfare is not charity.What's wrong with ending welfare, period?
.
Nothing. Get our economy in order and the demand for welfare will evaporate.
Actually that's backwards. Get rid of welfare and the economy will benefit.
