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AgMag BLOG

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Ethanol’s Federal Subsidy Grab Leaves Little For Solar, Wind And Geothermal Energy

Thursday, January 8, 2009

As Congress and the incoming Obama administration plan the nation’s next major investments in green energy, they need to take a hard, clear-eyed look at Department of Energy data documenting corn-based ethanol’s stranglehold on federal renewable energy tax credits and subsidies. Corn ethanol absorbs two thirds of available support for what the federal government classifies as renewable energy, to the detriment of cleaner technologies like wind, solar and geothermal. Read the Report

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