The Clinton Administration said back in 1999: “Biomass will be for the next century what petroleum was for this century.” [1] But with expensive experience with money and performance, we now know that U.S. EPA’s E-15 ethanol plan is bad for our pocketbooks, environment and energy policy.
The Obama Administration’s anti-hydrocarbon ideology and “renewable” energy mythology continues to subsidize crony capitalists and the politicians they help keep in office – on the backs of American taxpayers, ratepayers and motorists. The latest chapter in the sorry ethanol saga is a perfect example.
Bowing to pressure from ADM, Cargill, Growth Energy and other Big Ethanol lobbyists, Lisa Jackson’s Environmental Protection Agency has decided to allow ethanol manufacturers to register as suppliers of E15 gasoline. E15 contains 15% ethanol, rather than currently mandated 10% blends.…