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Ethanol, Unplugged

Not doing so well w/o government subsidies.   “Since the subsidy ended Dec. 31, ethanol profit margins have declined sharply, even slipping into negative territory. Experts see no quick turnaround in sight.”  Looks as though even requiring purchases isn’t enough to keep their heads above water.  Of course, to some, this will just be evidence that we’re not including enough externalities in the subsidy.

Posted in Business, Economics.

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