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Home » Authors » Dianne Feinstein

Articles by Dianne Feinstein

It’s time to end irresponsible ethanol subsidies

May 16, 2011
Dianne Feinstein
If the cattle industry received the same government support as the ethanol industry, ranchers would get generous subsidies to raise their stock, the American public would be mandated to consume certain amounts of beef and most foreign cattle would carry punitive import tariffs. Of course this is not the case. Ethanol is the only industry that benefits from such a triple crown of government intervention: its use is mandated by law, oil companies are paid by the federal government to use it and it is protected by tariffs. I believe it is time to end this outdated policy that is fiscally irresponsible, environmentally unwise and makes our country more dependent on foreign oil.
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