Why Biofuels Burned Up Your Dollars

Courtesy Digg - Business & Finance  Sat, 07/11/2009 - 22:20

Farm state politicians, entrepreneurs and venture capitalists have sold biofuels to rest of us as a way to revive rural America, attack the problem of global warming and reduce our dependence on foreign oil.

In response, investors and taxpayers have poured many millions of dollars into corn ethanol. The returns have been skimpy.


 

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