 |
| CLICK HERE TO VIEW CURRENT ISSUE |
 |
| Best of NAMA 2025 |
|
 |
|
IOWA SENATOR GRASSLEY SAYS RENEWING ETHANOL SUBSIDIES WILL BE DIFFICULT
Feb. 28, 2011
BrownfieldAgNews reports:
One of the U.S. Senate's biggest ethanol supporters thinks it will be a struggle to renew tax incentives for the renewable fuel.
Iowa Senator Charles Grassley fears the House-passed amendments to the Continuing Resolution bill slowing E15 implementation and hampering blender pump installations will distract from renewing ethanol's tax incentives.
"This is something that ethanol has to settle among themselves as we go into this battle," Senator Grassley said to reporters Tuesday morning, "because if we go in divided, we're going to be very, very weak; and I think we're in a weaker position than we've been."
Most of the grains in the human food supply are rice and wheat, which are not used to make ethanol, said Grassley. Wheat, said Grassley, is high because of drought in China and Russia, but what he Grassley refers to as "big food" continues to blame high corn for the high price of food.
"Well I want to feed some of those CEOs of the big food companies corn off of my farm and see how like eating it," said Senator Grassley. "If they are that stupid about the relationship of corn to the price of food, we'll have to just show them how wrong they are."
Grassley also pointed out what he says is tremendous ignorance about ethanol within the Beltway as being the cause for Congressional votes not favoring the renewable fuel.
|
|
|
|
|
