(NewsNM Swickard) Both New Mexico Senators voted to continue the ethanol subsidy effectively costing each New Mexican more money each time they fuel their vehicle. Shuckins! Graphic on left is from the Mother Jones story: The Ethanol Effect: When Alternative Fuels Go Bad. From the New York Times - The Senate beat back a challenge to ethanol fuel subsidies on Tuesday in a demonstration of how the drive to cut the federal deficit can run headlong into a favored interest on Capitol Hill. On the ethanol subsidy, critics wanted to eliminate, as of July 1, the 45-cent-per-gallon tax credit offered to refiners for using the corn-based fuel at an estimated cost of nearly $6 billion a year. Most Democrats banded together with farm-state Republicans to defeat the effort by Senator Tom Coburn, Republican of Oklahoma, who along with his allies charged that federal ethanol supports are wasteful and unnecessary and are increasing the cost of food by inflating the price being paid for corn. Read more
Posts
1 comments:
So basically, most of the Senate Democrats voted against cloture because it was a Republican-sponsored bill. Even Senators Feinsein (D-CA) and Boxer (D-CA) voted against it. Here's a link to a Feinstein letter to the EPA in March 2005, requesting a waiver from the ethanol requirement. Per the CARB, replacing MTBE with ethanol actually causes ozone to INCREASE. That's in addition to the mileage reduction due to adding ethanol, even in E-10 fuel.
http://feinstein.senate.gov/05releases/r-epa-oxygenate030905.htm
Post a Comment