18 Dec '11, 1am

Ethanol Industry & Food Prices after Coming End to Volumetric Ethanol Excise Tax Credit

Andrew Meggison of sister site Gas2 takes a closer look at speculations and stances following the coming end to the Volumetric Ethanol Excise Tax Credit (VEETC) in this repost below. I’ll just note that aside from ethanol production, extreme weather (likely worsened by global warming) has also had a noticeable effect on food prices in recent years. For sure, the record wet/dry extremes in the U.S. last year added a chunk to the the price increases mentioned on the bottom of this post.

Full article: http://cleantechnica.com/2011/12/17/ethanol-industry-food...

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