UNICA blasts ethanol tariff, cites corn ethanol "maturity", exports

In Brazil, Joel Velasco, writing in UNICA’s  “Sweeter Alternative” energy blog, wrote that “The case for continued subsidies and trade protections for the corn ethanol industry is running on empty,” and recapped analysis from the President’s Biofuels Interagency Working Group concluding that the corn ethanol industry “is mature,” and citing data from the Department of Commerce that US ethanol exports reached 45 million gallons in March.

“Apparently, even if corn ethanol is a mature industry and has record exports, we should continue to subsidize it to the tune of $6 billion per year and raise trade barriers against competition. I call it a boondoggle that must stop.”

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Tags: ethanol

Category: International