This article is about how ethanol
used to be a huge deal and a great idea. It provided many jobs and got lots of
government subsidies to the middle of America.
Today however the story is different and the ethanol factories are
closing down due to the drought making corn more expensive to use so thousands
of barrels sitting in storage. This is causing many people to lose jobs and
farmers lose a place to sell their corn reducing profits. A solution would be
to either try to get the ethanol pumping again or get rid of it all together so
farmers can move on. A barrier though is that the government has invested a lot
of money into this idea and has most control on it so it would be hard to move
on with them controlling it. I think dropping the program would be best
economically, if it didn’t work now why would this work later after we have
invested too much money in it?
what exactly is ethanol used for?
ReplyDeleteI agree that we should drop this program... Government funding could be used in other areas such as solar or wind energy.
ReplyDelete