Proprietary, Sweeter Tomates: Another Unintended Consequence of Ethanol Subsidies
Lynne Kiesling As has been pointed out here, at Environmental Economics, and elsewhere, the ethanol subsidies included in the Energy Policy Act of 2005 have wrought a host of unintended consequences: the shift in demand increased corn prices, inducing farmers to substitute out of growing soybeans and into growing corn. This production substitution was not …
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