Results tagged charles+grassley

The Wall Street Journal: The Ethanol Enforcers

In its zeal to impose the ethanol boondoggle, Congress has mandated it, subsidized it, and protected it from competitors. Now some Senators are siccing prosecutors on those who still won't get on their ethanol corn-wagon.

Forbes: The Renewable Fuel Standards Mess

At the same time, the New York Times is reporting that some believe that large Wall Street firms have profited from trading ethanol credits, driving up their cost. So, we have banks against the oil industry against the farmers, apparently.