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Corn Ethanol Scam: A Profligate Biofuel Policy
Tuesday, August 16, 2011 - 8:57amRobert Bryce writing in today's Washington Examiner: "Today, about 40 percent of all U.S. corn -- that's 15 percent of global corn production or 5 percent of all global grain -- is diverted into the corn ethanol scam in order to produce the energy equivalent of about 0.6 percent of global...
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Thursday, July 21, 2011 - 2:20pm
Bio-Plastics Come To Brazil
A new partnership could help to bring bio-plastics to medicine cabinet near you. Dow Chemical (NYSE: DOW) and Japan's Mitsui have formed a new Brazilian joint venture in order to turn sugar cane into ethanol and plastic. The pair plan on creating the world's largest integrated facility for...
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Senate Votes In Favor Of Repealing Ethanol Subsidy
Thursday, June 16, 2011 - 2:37pmIn a huge move, the Senate has voted in favor of ending the tax breaks and tariffs for ethanol production, which is hurting shares of the ethanol producers and fertilizer names. The Senate voted 73-27 in favor of ending the subsidies, and names like Archer Daniels Midland (NYSE: ADM), Green Plains...
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Saturday, May 7, 2011 - 2:58pm
Brazil's Imports Of U.S. Corn Ethanol Surge (CORN, FUE)
Brazilian ethanol, which is made from sugarcane, has traditionally been one of the cheapest sources of biofuels around. However, according to the U.S. commerce department, Brazil imported nearly 70 million liters of corn-based US ethanol in 2010, up from just 1 million in 2009. The surge in ethanol...
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