Schafer says phases out ethanol incentives

Secretary of Agriculture Ed Schafer told a meeting in Kansas on 11 September that the blenders tax credit and the tariff on imported ethanol should be phased out when domestic production gets to 34bn gal/year, according to Good Fuels, which goes into a discussion of the semantics of  subsidies vs incentives.

At least Schafer called a spade a spade, even if his time frame is rather long for my tastes.

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