"Corn Ethanol: Who Pays? Who Wins?" released

In California, Hoover Institution Press released Corn Ethanol: Who Pays? Who Wins? by Ken G. Glozer. In Corn Ethanol, Ken Glozer— who spent 26 years at the White House Office of Management and Budget in the energy, environment, and agriculture areas— presents the history, the promises, and the truth about federal corn ethanol policy.

The book evaluates of each of the major claims made by the advocates of the “command-and-control-type” policy enacted in 2005–7 (15-billion-gallon ethanol blend in gasoline quantity mandate, 45 cents per gallon subsidy, and the imported ethanol tariff).

He examines, in detail, whether any of the top five claims made by those who advocated (corn/ethanol producers) the current federal corn ethanol policy are true. He found only one: the policy does indeed create jobs in rural areas of the ten largest corn-producing states in the Midwest but possibly reduces rural employment nationwide.