Nicolas Loris is an economist at the Heritage Foundation:
https://www.downsizinggovernment.org/ethanol-and-biofuel-policies
Scanned it.
Didn’t look to me like she addressed the issue of oil being a finite resource.
She talks about the “renewable” standard, but then goes on to lists the costs of using a renewable resource. Without discussing whether or not this policy achieved the objective of stretching finite oil supplies.
Scanned it.
Didn’t look to me like she addressed the issue of oil being a finite resource.
She talks about the “renewable” standard, but then goes on to lists the costs of using a renewable resource. Without discussing whether or not this policy achieved the objective of stretching finite oil supplies.