A few corporations are making a lot of money off of this scam but nobody likes it and it damages small engines. Now even the government admits it is bad policy - from The Daily Caller:
Gov’t Admits Ethanol Mandates Are Expensive And Failing
Federal ethanol mandates are extremely expensive and won’t meet their goals, according to a new report published Monday by the Government Accountability Office (GAO).
GAO’s report concluded that producing advanced biofuel is extremely expensive, takes a long time to produce and likely won’t meet its goals of reducing America’s dependence on foreign oil or to lowering carbon dioxide (CO2) emissions.
“The Renewable Fuel Standard program calls for greater use of advanced biofuels—fuel made from waste fats and oils or crop residues, for example—in the transportation fuel supply through 2022,” states the report’s summary. “Yet, there is not nearly enough of this fuel to meet the program’s targets—nor will there likely be enough in the near future.”
Time to get these corporations off the government teat and stop diluting our gasoline.
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