Tag Archives : sugar-based ethanol

U.S. Corn Ethanol Industry: Spoiled New Kid on the Block

U.S. Corn Ethanol Industry: Spoiled New Kid on the Block

The US biofuels industry is expensive. Making corn fuel is costly. The industry currently enjoys a ‘45 cent tax credit for every gallon of ethanol produced.’ That’s $3 billion in tax credits in a year. Import tariffs on sugar-based ethanol from Brazil and the Caribbean, logically higher so as to eliminate competition for the domestically manufactured [...]