Posted by: arnegrim | June 23, 2011

ethanol subsidies push up prices

“US ethanol subsidies pushed up corn prices as much as 17 percent in 2011, according to a study released Wednesday at a time when Washington’s policies on biofuels are coming under heightened scrutiny.”

http://beta.news.yahoo.com/us-ethanol-subsidy-caused-corn-price-surge-study-203111586.html

Of course… no mention of the increased cost to fuels.

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