#subsides — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #subsides, aggregated by home.social.
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"Forty percent of America's corn crop — 36 million acres — goes to producing ethanol, a fuel that barely breaks even on energy and may be worse for the climate than gasoline. Billions in subsidies keep the machine running."
The chart I'm including here is really the take home.
At this time, with current tech, 👉️ #Ethanol from #Corn is NOT economically viable. 👈️
So all that Federal money is just more special interests at the public teat. Just a way to let big businesses in non-oil producing states get in on the #FossilFuel gravy train.
Ethanol from Sugarcane does make sense, which is why most of the flex-fuel innovations are found in Brazil.
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I needed to refresh my knowledge on this subject...
https://www.opensubsidies.org/analysis/ethanol-subsidy-machine
Looks like #Minnesota is basically tied for second place.
The chart I'm including here is really the take home.
At this time, with current tech, 👉 #Ethanol from #Corn is NOT economically viable. 👈
So all that Federal money is just more special interests at the public teat. Just a way to let big businesses in non-oil producing states get in on the #FossilFuel gravy train.
Ethanol from Sugarcane does make sense, which is why most of the flex-fuel innovations are found in Brazil.
#Energy #Renewables #Government #Subsides #Iowa
