The Ethanol Disaster - Reason.com:
Last November, when the Environment Protection Agency (EPA) proposed moderating years of escalating mandates by reducing the amount of ethanol that must be mixed into gasoline, a top ethanol lobbyist seemed perplexed.
"We're all just sort of scratching our heads here today and wondering why this administration is telling us to burn less of a clean-burning American fuel," Bob Dineen, head of the Renewable Fuels Association, told The New York Times.
Here are a few possible reasons why:
America's ethanol requirement destroys the environment, damages car engines, increases gas prices, and contributes to the starvation of the global poor.
It's an unmitigated disaster on nearly every level.
Start with the environment.
After all, when the renewable fuel standard (RFS), which since 2005 has set forth a minimum annual volume of renewable fuels nationwide, was first set, one of the primary arguments for mandating ethanol use was that it was a greener, more environmentally friendly source of fuel that released fewer greenhouse gasses into the atmosphere.
This turns out to be complete hogwash.
Researchers have known for years that, when the entire production process is taken into account, most supposedly green biofuels actually emit more greenhouse gasses than traditional fuels.
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