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Ethanol
Essay specific features
Written by:
Alexander P
Date added:
March 31, 2017
Level:
University
Grade:
A
No of pages / words:
9 / 2333
Was viewed:
10063 times
Rating of current essay:
Essay content:
One of the many commands and instructions of the energy policy act of 2005 called for oil companies to increase the amount of ethanol mixed with gasoline. President Bush stated, “America is addicted to oil which is sometimes imported form unstable parts of the world” Townhall.com, Walter Williams, Big Corn and Ethanol Hoax, 5/13/2008...
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To ensure that this effort would be successful, congress was forced to enact and pass subsidies to corn farmers in the United States.
Notwithstanding, Congress failed to look at the ‘opportunity cost’ of ethanol production. Congress failed to complete a thorough cost analysis of the problems that existed and chose corn to produce ethanol, which has impacted the world with unintended consequences of higher food cost and higher grain prices...
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