The Obama administration on Tuesday proposed renewable fuel standards that could reduce the $3 billion a year in federal tax breaks given to producers of corn-based ethanol. The move sets the stage for a major battle between Midwest grain producers and environmentalists who say the gasoline additive actually worsens global warming.
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LA Times, via Kevin Drum / Mother Jones
Via mattlehrer, who writes: “When Obama appointed Vilsack Secretary of Agriculture, I thought that hope for this was postponed indefinitely. This is excellent news.”
Seconded!
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