And yet we still subsidize ethanol to burn and if you are from a big corn production state you know how the groundwater is contaminated from fertilizers. Subsidies and regulations and capitalism or imports are things for a different more focused thread because some of us come to an EV thread to read about EVs and upcoming tech.
I stopped reading some other websites such as electrek and jalopnic after being called an orange nazi in the articles one too many times for simply having thoughts about regs subsidies and unlimited immigration that lowers wages and stresses the economy schools infrastructure and healthcare systems
Ethanol subsidies of ethanol, a biofuel made from corn. These subsidies are debatable for their and impact on food prices and land use.
- Tax Credits: One common form of subsidy is the Volumetric Ethanol Excise Tax Credit (VEETC), which offers a tax credit to ethanol blenders. For example, blenders might receive 45 cents for every gallon of ethanol they blend with gasoline
- Mandates: Governments may require a certain volume of biofuels, like ethanol, to be blended with gasoline. This is known as the Renewable Fuel Standard (RFS) in the U.S.
- Grants and Loan Guarantees: Programs like the Biorefinery Assistance Program provide loan guarantees and grants for the development of biofuel production facilities.
- Support for corn crop Production: Programs like the Biomass Crop Assistance Program (BCAP) offer financial assistance to landowners and operators who produce crops for biofuel production.
- Infrastructure Subsidies: Some subsidies support the infrastructure needed for ethanol production and distribution, such as blender pumps at fuel stations.