Markets, not mandates, shape ethanol production
AbstractThe 2012 drought has reignited the food versus fuel debate. After cutting U.S. corn production below recent years’ consumption, the drought sparked a U.S. grain shortage and sent global food prices soaring. As the grain shortage intensified, pressure to relieve the shortage by easing ethanol mandates mounted.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Kansas City in its journal Main Street Economist.
Volume (Year): (2012)
Issue (Month): 5 ()
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