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DR. MARK HENDRICKSON: WASHINGTON’S CORN-BASED ETHONAL MANDATES ARE POORLY TIMED |
The Environmental Protection Agency will require American motor-fuel refiners to increase the amount of corn-based ethanol that must be blended into motor fuels this year. Is this a good thing? Will it help lower the cost of fuel? In this article, economist Dr. Mark Hendrickson looks at the new regulations and argues that the policy may cause more harm than good. He writes, “Environmentally, using millions of acres of land to grow corn for fuel reduces wildlife habitat, accelerates the depletion of water tables, and increases pollution due to extra use of fertilizers.”
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