$3 billion US ethanol subsidy produced $6 billion reduction in farm subsidies: researcher

By admin | March 18, 2008

Submitted by Biofuels Digest Blog

In Florida, an editorial in the Tampa Tribune quoted findings Bruce Dale, professor of biobased technologies at Michigan State University, that the US ethanol subsidy cost $3 billion last year, but resulted in a $6 billion reduction in farmer subsidies, and a $15 billion reduction in foreign oil imports.

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