More on Ending Ehthanol Subsidies

From The Economist, Fiscal Sobriety:

Taking everything into account, ethanol releases almost as much carbon dioxide as petrol does. As Michael Greenstone, the director of the Hamilton Project, a liberal research group, puts it, “Ethanol is largely farm support policy, not environmental policy.”

This is a good first step in addressing Problem #2 and revealing the true costs of our transportation system.