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Article: LET GREEN LIGHT SHINE FOR ETHANOL HIGHER CORN PRICES ARE NO REASON TO SLOW THE DRIVE TO INCREASE ETHANOL PRODUCTION, ESPECIALLY IN WISCONSIN.(OPINION)(Editorial)
- Article from:
- The Wisconsin State Journal (Madison, WI)
- Article date:
- January 29, 2007
CopyrightCOPYRIGHT 2007 Capital Newspapers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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All of a sudden, ethanol naysayers have found a new angle from which to attack the homegrown, renewable fuel.
They are trying to alarm America about rising corn prices created by the demand for corn from ethanol producers.
The critics' goal is to convince the country to back away from President Bush's call for a sevenfold increase in ethanol production over the next decade.
Wisconsin should not fall for the argument. Here's why:
Higher corn prices are a positive result of increasing ethanol production. American farmers have been producing corn surpluses for 30 years, increasing their dependence on subsidies, at taxpayers' expense. America has long needed ...