Agricultural Economics Department

 

Date of this Version

10-15-2008

Comments

Published in Cornhusker Economics, 10-15-08. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska – Lincoln. http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

There have been two primary reasons why the public has had an interest in more ethanol, rather than leaving the issue to the private market. First, it has been thought to be beneficial in slowing climate change. Second, it would increase energy independence by reducing the amount of petroleum we import. We will discuss the first of these issues in this article, with the second issue to be addressed in a later article.