Ronald Bailey summarizes a new study:
The Environmental Working Group has just issued a report that finds that 75 percent of all renewable fuels tax subsidies in 2007 went to environmentally damaging corn-ethanol production. In addition, the corn ethanol industry, teetering on the edge of collapse despite billions already wasted in subsidies on it, now wants additional billions for a bailout.
We want to hear what you think about this article. Submit a letter to the editor or write to email@example.com.