Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Showing posts with label EWG. Show all posts
Showing posts with label EWG. Show all posts

Thursday, June 17, 2010

Environmental Working Group Report Says Taxpayers Seeing Little Benefit From Government Investment in Ethanol

Biofuels Journal
Date Posted: June 15, 2010

Washington—Between 2005 and 2009, U.S. taxpayers spent a whopping $17 billion to subsidize corn ethanol blends in gasoline.

What did they get in return?

A reduction in overall oil consumption equal to an unimpressive 1.1 mile-per-gallon increase in fleet-wide fuel economy.

Worse, ethanol’s much ballyhooed contribution to reducing America’s dependence on imported oil looks even smaller – the equivalent to a measly six tenths of a mile per gallon fleet-wide.

Read more