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Economist: Ethanol exuberance will hit fan

Economist: Ethanol exuberance will hit fan

From AgWeek

An Iowa State University agricultural economist who is famous for criticizing the ethanol fuel industry recently made his third appearance in a row at the annual North Dakota Grain Dealers convention. The entertaining economist, Dave Swenson, says he has no idea whether ethanol will be around in another 10 years, but technological feasibility doesn’t necessarily mean economic feasibility, and economic feasibility doesn’t necessarily mean environmental, political or social feasibility. “Politics often leads to sub-optimal programs and policies,” Swenson says.…

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Posted in Economics, Food or Fuel?, Subsidies and MandatesComments (0)

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