Not everybody loves ethanol
Republican presidential candidate Tim Pawlenty raised some eyebrows earlier this week when he called for a possible end to U.S. Dept. of Agriculture ethanol subsidies. “You can’t do that!” pundits exclaimed. “You need to win the Iowa caucus, and everyone in Iowa loves ethanol!” But Jason Clayworth of the Des Moines Register points out that the politics of ethanol are changing. Industry trade groups have called for a subsidy phaseout and even Iowa U.S. Senator Charles Grassley wants to gradually reduce the federal money for ethanol.
Tags: ethanol, Iowa, Tim Pawlenty