Some very compelling arguments on CNN for ending the Ethanol tax subsidy

“The news that this tax credit is subsidizing exports undermines the argument that ethanol is needed to help end our oil dependency,” said Sasha Lyutse, a policy analyst at the Natural Resources Defense Council, responding in a blog post to a story first published this weekend in the Financial Times.

The ethanol exports also aren’t sitting well with food industry associations, which say that increasing ethanol use is driving up the price of corn.

“At the end of the day, we’re all trying to get the same bushel of corn,” said Kristina Butts, legislative director for the National Cattleman’s Beef Association. “This is a mature industry. It should stand on its own.”