Sentences with phrase «dropping ethanol subsidies»

Regardless, dropping ethanol subsidies is probably a smart idea — corn ethanol is a huge water and energy suck, some speculate its production has led to food shortages, and is generally far from the fuel of the future it was once hoped to be.

Not exact matches

The «market conditions» that these ethanol producers are referring to is the fact that the average price of ethanol has dropped some 30 percent since May, as market subsidies combined with a lack of infrastructure for its delivery and use have created a surplus of the renewable fuel.

But dropping the subsidy makes Brazil's cane sugar ethanol more viable on the market — and that is a more environmentally sound fuel.