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Not late to any party, I am very familiar with Tesla, he laid the foundation for how we use electricity, today. We have had the technology for many years to implement other forms of energy. He, also, allowed for other forms of energy, but he gave up those patents.
You repeat the lie that ethanol could not survive without subsidies.
I did not misunderstand subsidies apparently you do not even know what the term means.
What the industry doesn’t want to see, however, is an end to a separate tax credit for ethanol made not from corn but non-foodstuffs like switchgrass, wood chips and even the leaves and stalks of corn.
Known as cellulosic ethanol,...
The industry earlier this month asked Congress to extend that credit, set to expire on Dec. 31. 2012, for five years but lawmakers did not act before recessing last week.
, but if it's not profitable (no subsidies) than it is only going to increase food costs for the producers to make up for the lost revenue.*
By law, 13 billion gallons of biofuel must be produced in the US this year. The country's Renewable Fuel Standard, as the law is known, was designed to reduce greenhouse gas emissions and dependence on imported oil.