Better Late Than Never ...

Matt Lewis
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Posted: May 10, 2008 9:24 PM
A new NY Times editorial says it's time for Congress to "rethink" ethanol ...
"Ending the tax subsidy should be easy. Ending the mandate will be tougher, though some members of Congress are showing buyer’s remorse. One reason is the worldwide spike in food prices. That has been driven largely by a huge increase in demand and rising energy costs. The diversion of American corn from food to fuel — about one-fourth of the crop — has not helped."