Consumers to Pick Up Tab for Off-Target Cellulosic Ethanol Industry [View article]
Excellent (though depressing) analysis. producers of cellulosic ethanol win no matter what, but either taxpayers (through the $1.01/gallon subsidy for cellulosic ethanol) or consumers (through the mechanism described above) get screwed, depending on the available supply and relative prices.
Consumers to Pick Up Tab for Off-Target Cellulosic Ethanol Industry [View article]