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ANATOMY OF A RIP-OFF.

Authors :
Barnes, John A.
Source :
New Republic. 11/2/87, Vol. 197 Issue 18, p20-21. 2p.
Publication Year :
1987

Abstract

Details the economic issues surrounding ethanol gas production, which is headed by Archer-Daniels-Midland Co. in the U.S. Impetus to the availability of ethanol gas in the market; Competitive advantage of ethanol over ordinary gasoline; Extent of government subsidies provided to ethanol gas production; Ability of ethanol to generate vast profits while being completely uneconomical; Desperateness of the White House to pass the Kemp-Roth tax cuts; Issue of certificates to ethanol producers, by the Agriculture Department, entitling them for absolutely no charge to the surplus corn in government storage.

Details

Language :
English
ISSN :
00286583
Volume :
197
Issue :
18
Database :
Academic Search Index
Journal :
New Republic
Publication Type :
Periodical
Accession number :
11858870