Wednesday, July 2, 2008

Perry on Ethanol

Rick Perry wants to cut ethanol production and slash subsidies. It would lessen some pressure on food prices, and reduce transportation costs associated with moving the ethanol around the country (it cannot be moved around in pipelines the way petroleum products can, I think this is because it's water-soluble).

Go for it! In addition, he wants to lift tariffs on ethanol that comes from sugar, such as they can do in Brazil. Go for it again!

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