The subsidies were intended to be a carrot to stimulate production, but with production now mandated, the subsidies now seem redundant, at least according to the editorial board of the Kansas City Star. The paper is calling for the repeal of the corn ethanol subsidies which seem to do little more than line the pockets of big corn producers and processors. Eliminating the 45 cent per gallon credit would also pave the way for cheaper sugar can ethanol to come in from Brazil. There should also be more rigorous study of the effects of corn ethanol production including water and land use.
[Source: Kansas City Star]