Excerpt
Ethanol (ethyl alchohol) has been around for centuries, mainly in the form of moonshine, and was used by Henry Ford to fuel the first Model T in 1908. In recent decades, it has been promoted as a promising biofuel to reduce U.S. dependence on foreign oil. As the industry has evolved, however, competing economic, agricultural, and environmental goals have called into question the costs and benefits of ethanol and the policies that support it.
Fuel ethanol is made by fermenting and distilling simple sugars. It is considered a renewable resource because the energy it creates is generated by using sunlight, which …
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Ethanol Subsidies
A Turning Point in Federal Support for Biofuels
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Ethanol Overview
Industry Growth and Federal Programs
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Ethanol Cost and Environmental Factors
Congressional Budget Office Analysis
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Government Support for Domestic Ethanol Production
GAO Assessment of Challenges and Consequences
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Legislative Background on Ethanol Subsidies
Recent Action by Congress on Biofuels Tax Incentives
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Jobs for America Act
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Disaster Assistance Funding
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Pro & Con
Should Congres Vote to Immediately End the Ethanol Blender Tax Credit and the Tariff on Imported Ethanol?
