By Shane Reed, University of Michigan
Americans have been burning corn ethanol in engines for as long as the combustion engine has existed. Americans produce over 30 percent of the world’s corn supply, corn makes up a substantial amount of global calorie consumption, and corn by-products are key inputs in countless commercial goods. And while corn is one of the most important crops in the global economy, unfortunate American policy has had an adverse impact on consumers, producers, and the planet at large. If Congress were to simply eliminate burdensome mandates as well as slash market-distorting subsidies, consumers, drivers, governments at every level, and the planet would all benefit.
Hoover Institution 2019 Sum... by on Scribd
