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  • The Coming Ethanol Bailout

    Wall Street Journal says the ethanol lobby is gearing up to ask for a $1 billion bailout and $50 billion in loans because -- even with current price supports and $25 billion already sunk in taxpayer handouts over the last 20 years -- it can't compete. I'm thinking that I already gave at the office...
    Posted to Forum by BeautifulDayforFootball on 12-23-2008
  • Re: 2008 House Bill 5878 (Authorize cash subsidies to ethanol gas stations )

    The bill is now on its way to the governor, having been overwhelmingly approved by all but four lawmakers (3 in senate, 1 in house.) More discussions of past ethanol votes from Michigan Capitol Confidential here and here . Is this a wise energy policy? Is using tax incentives to encourage turning food...
    Posted to Forum by BeautifulDayforFootball on 12-20-2008
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