«Direct cash payments to corn growers would be more economical than attempting to boost farm income
through ethanol subsidies,» the report concluded.
Not exact matches
If there were some rational means of computing these costs and applying them
through taxes or
subsidies, that would be sound policy, but I hope we've all noticed how that really works out in practice (see corn
ethanol).
By comparison The US oil consumption increased by 137.6 million barrels from 6851.4 mmbbls in 2009 to 6989.0 mmbbls in 2010 so this
ethanol production did not stop the increase in US oil consumption and only served to raise the price of corn
through government
subsidies affecting only the poor.