If America wants to get off of oil – and, in general, green up our energy supply – what will it take? Lots and lots of federal dollars, that's what. Three times as much as the government spends now, according to a group of business executives who are calling for the increased spending in a study released yesterday.
Undeterred by the fact that ethanol is the worst type or alternative energy, the federal government is in love with corn ethanol, perhaps a bit too much. Over the years, the American farm lobby has worked and worked to get subsidies for corn growers and, more recently, ethanol producers. The result, as calculated the Environmental Working Group in a new report, is that ethanol (including made-from-corn biofuel) now receives more than three times as many federal dollars ($3 billion in 2007) than