McCain Supports End to Ethanol Corn Subsidies
The United States has “committed a series of errors in not adopting a sustainable energy policy,” McCain was quoted as saying. “One of those is the subsidies for ethanol from corn.”
McCain blamed the price supports for “destroying the market” and “causing a serious problem with inflation.”
The Republican also blasted U.S. tariffs on Brazilian ethanol imports, saying that the Brazilian product made from sugarcane “is much more efficient than ethanol from corn.”
Critics of the U.S. subsidies say spurring the planting of corn for use in ethanol has added to a sharp spike in global food prices. . . . .
Labels: 2008PresidentialRace, McCain
3 Comments:
I think your headline is inaccurate on this post.
Here's the lede from the story:
U.S. presidential hopeful Sen. John McCain supports ending subsidies for U.S. ethanol production
So McCain SUPPORTS End to Ethanol Corn Subsidies might be a better headline.
Errr...shouldn't the title of this post be "McCain Supports Ending Ethanol Corn Subsidies" or "McCain Opposes Ethanol Corn Subsidies" ?
Sorry, I got it backwards. It is corrected now.
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