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More Big Ethanol
November 8, 2010
In today's Examiner, Tim Carney argues that ending Big Ethanol's subsidies is an early test of their commitment to free markets and smaller government. With the subsidies set to expire at the end of this year, you can never say never. However, ethanol has hung around Washington for more than 30 years. During the 1970s, ethanol was billed as the answer to America's energy crisis. During the 1980s, it was expected to save the family farm from financial ruin. During the 1990s, ethanol was touted for its environmental benefits. Whatever problem Washington seems to be facing, ethanol seems to be the answer. And, as Carney rightly points out, the industry has a lot of friends on Capitol Hill. If Republicans can end subsidies to Big Ethanol, it would be an important accomplishment and demonstrate their commitment to reforming Washington.
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