Ethanol Industry Feels Squeeze as Congress Tightens Belt

The New York Times
By ELANA SCHOR of Greenwire
Published: March 7, 2011

It's been a rough season for corn ethanol on Capitol Hill.

A winter that began with a tougher-than-expected battle to win congressional approval for a one-year extension of the ethanol blenders' tax credit is delivering more harsh doses of reality to an industry that benefits from notable government support. With a House Republican majority newly emboldened to trim ethanol mandates and a bipartisan Senate majority eyeing subsidy reform, the political obstacles facing conventional biofuels appear steeper than ever.

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