Re “Rethinking Ethanol” (editorial, May 11):

New York Times: Letters to the Editor

Waiving the renewable fuel standard and killing ethanol tax credits would be similar to eating seed corn. With no seed, there is no crop. The renewable fuel standard and tax credits are the seed we need to stimulate the next generation of cellulosic biofuels.
It is unlikely that waiving the requirements of the renewable fuel standard would cause any reduction in corn prices, let alone food costs. Corn prices mainly affect consumer prices through livestock production, and the marginal price effects would take several months, even years, to work their way through to the consumer.

Read the full editorial