Monday, August 26, 2013

Renewable Fuel Standard: Congress Should Scale Back to Zero

Renewable Fuel Standard: Congress Should Scale Back to Zero
The RFS also costs Americans as taxpayers and drivers. Ethanol has lower energy content than gasoline, and although fuel that is 85 percent ethanol has a lower price at the pump, when adjusting for its lower British Thermal Units, it is actually more expensive.[8] Taxpayers have also shelled out $45 billion over a 30-year time frame for ethanol, and while the targeted tax credit for ethanol expired, subsidies remain in place for other biofuels.
This is what happens when Congress goes UnConstitutional.

Wizards of Smart in Action.

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