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Old 12-12-2010, 10:25 AM
 
Location: Tennessee
33,951 posts, read 32,411,026 times
Reputation: 49907

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Newsmax is reporting that conservative and liberal groups have hooked up to oppose ethanol subsidy.

"Tea party organizer FreedomWorks, liberal pressure group MoveOn.org, conservative Republican Jon Kyl and liberal Democrat Dianne Feinstein are among those who have signed a letter opposing the 45-cent-per-gallon ethanol subsidy."

http://news.newsmax.com/?Z6O6aWfu-zO...vSvU-zxbkNJUAZ

(4th item down)

The libs say it causes more global warming pollution than gasoline and the conservatives say it cost taxpayers $5.5 billion last year and will cost taxpayers $6 billion in 2011. The strange bedfellows want the ethanol tax credit to expire.

Sooooo, if we all agree there's nothing to squabble about on this one...
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Old 12-12-2010, 10:48 AM
 
10,786 posts, read 6,910,634 times
Reputation: 4116
Good.
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Old 12-12-2010, 10:55 AM
 
62,557 posts, read 27,822,421 times
Reputation: 7897
Excellent! See, we can work together to fight an all around BAD idea.
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Old 12-12-2010, 10:57 AM
 
10,786 posts, read 6,910,634 times
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I wonder if the supposed conservative Steve King will get behind the idea of eliminating ethanol subsidies...
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Old 12-12-2010, 10:58 AM
 
10,963 posts, read 7,761,081 times
Reputation: 3113
Quote:
Originally Posted by LauraC View Post
Newsmax is reporting that conservative and liberal groups have hooked up to oppose ethanol subsidy.

"Tea party organizer FreedomWorks, liberal pressure group MoveOn.org, conservative Republican Jon Kyl and liberal Democrat Dianne Feinstein are among those who have signed a letter opposing the 45-cent-per-gallon ethanol subsidy."

http://news.newsmax.com/?Z6O6aWfu-zO...vSvU-zxbkNJUAZ

(4th item down)

The libs say it causes more global warming pollution than gasoline and the conservatives say it cost taxpayers $5.5 billion last year and will cost taxpayers $6 billion in 2011. The strange bedfellows want the ethanol tax credit to expire.

Sooooo, if we all agree there's nothing to squabble about on this one...
I have to wonder how strongly the farm lobby will weigh in here to continue the subsidy.
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Old 12-12-2010, 10:58 AM
 
Location: Sango, TN
24,889 posts, read 20,323,976 times
Reputation: 8606
Until they can get ethanol from switch grass and other sources that aren't tied to food production, its a lesson in futility.

We are not Brazil.
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Old 12-12-2010, 11:02 AM
 
23,768 posts, read 16,039,968 times
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Quote:
Originally Posted by memphis1979 View Post
until they can get ethanol from switch grass and other sources that aren't tied to food production, its a lesson in futility.

We are not brazil.
hemp.
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Old 12-12-2010, 11:03 AM
 
Location: Sango, TN
24,889 posts, read 20,323,976 times
Reputation: 8606
Quote:
Originally Posted by sickofnyc View Post
hemp.
Dude I have been fighting for legalization for years. But, until it happens, no need wasting money on corn ethanol with subsidies.
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Old 12-12-2010, 11:05 AM
 
Location: Phoenix,Arizona
3,746 posts, read 4,506,530 times
Reputation: 3656
Quote:
Originally Posted by LauraC View Post

Sooooo, if we all agree there's nothing to squabble about on this one...
Just common sense

No product that is truly useful to the public needs subsidies, tariff protection from competition and government mandates for its use. If ethanol has a future in America’s energy markets, let that future be based on actual demand from people who want to use the fuel and not the government cramming it down our throats.
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Old 12-12-2010, 11:07 AM
 
29,988 posts, read 35,883,594 times
Reputation: 12719
Quote:
Originally Posted by Memphis1979 View Post
Until they can get ethanol from switch grass and other sources that aren't tied to food production, its a lesson in futility.

We are not Brazil.
Until we loosen up and allow more drilling here and refineries to be built it is the ethanol subsidies that keep our gas prices artificially low. My state is at 10% required ethanol in all fuels and I believe they are trying for 30%.

Would I like to see the subsidy go away, sure. However, we have to have fuel production for transporation and farming. Drill here, now, and build modern refineries while we get moving on hydrogen powered farming equipment, construction equipment, and tractor trailers. Oil will not be replaced for transportation in the next 30 years and it has been more than 30 years since this country build a new refinery.

In the long run I think that growing of biofuel crops will deplete our soils to such a level the quality of our foods, once those fields are returned to food production, will be terribly low in essential minerals and other nutrients.
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