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Title: Two Cheers for Ethanol Subsidies Expiring—but Costly Mandate Remains
Author: by Nicolas Loris/The Heritage Foundation
Date: 19/01/2012
Link: http://www.heritage.org/research/reports/2012/01/ethanol-subsidies-expiring-but-the-costly-mandate-remains
 
Allowing the ethanol production tax credit and 54 cent-per-gallon tariff to expire are long overdue steps to removing market distortions from the energy sector. This will save taxpayers money and allow for more competition, but there is more to be done. Congress should repeal the ethanol mandate and eliminate targeted tax credits for all transportation fuels and technologies. This will continue to drive America’s energy policy in the right direction.

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