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CNSNews.com - Washington – Agriculture Secretary Tom Vilsack says he supports the extension of tax credits and protective tariffs on corn ethanol and is not worried in the long term about the U.S. economy’s capacity to produce corn for food, fuel, feed, and exports because of it. “I’m certainly not worried in the long term about our capacity to produce enough corn to meet our food and feed needs as well as our fuel needs,” Secretary Vilsack said Wednesday in a news conference with Interior Secretary Ken Salazar and Energy Secretary Steven Chu held in the Department of the Interior building. Vilsack said he is not worried about the inflationary effect ethanol subsidy might have on food prices.
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Ag Secretary ‘not worried’ about effect of Ethanol subsidy
From CNSNews.com - Washington – Agriculture Secretary Tom Vilsack says he supports the extension of tax credits and protective tariffs on corn ethanol and is not worried in the long term about the U.S. economy’s capacity to produce corn for food, fuel, feed, and exports because of it. “I’m certainly not worried in the long term about our capacity to produce enough corn to meet our food and feed needs as well as our fuel needs,” Secretary Vilsack said Wednesday in a news conference with Interior Secretary Ken Salazar and Energy Secretary Steven Chu held in the Department of the Interior building. Vilsack said he is not worried about the inflationary effect ethanol subsidy might have on food prices. Read more
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