N4 great information, what is your source, and are you sure corn is not subsidized ? 😄 I read a couple of times it is 😄
There are generic farm programs and sometimes grants for protecting soil, minimizing erosion, but I can't find a subsidy for corn.
Commodity price support is twisted, typical of government. Through USDA one can apply for a MAL, Market Assistance Loan, nominally to provide operating capital at harvest when commodity prices are typically low. The USDA rate varies but in Alabama one can get a loan using corn as collateral at $2.39/bushel. One can either repay the loan or surrender the corn. 52 week low market price is $3.00. Was $3.34 today.
In other words, the USDA is saying your corn is worth $2.39 even if markets collapse. Anyone experienced in finance and business will realize this guaranteed floor minimizes risk. It is a kind of subsidy in guaranteeing a minimum price, and in providing low cost capital.
Ethanol bad for ozone layer, hmmm..I once read that all the cows, sheeps and other livestock are producing more methane and other poluting gases, more then all the internal combustion vehicles in the whole world. So how do we control and regulate that? Would adding Ethanol to cows diet help? 🙂
A number of farms near here use Jack Daniels' corn mash byproduct as feed. Produces the stinkiest cow manure ever. You know 1/2 mile away.
Also some claim that there is no real benefit in electric cars to the environment, since the manufacturing of all battery components and the disposal of batteries is causing even greater pollution.
A friend had to replace his Tesla battery after only 5yrs of service.
I own and drive a Tesla for the past 6.5 years but never pretend to be "saving the planet."
Have long said, "let the market decide." If ethanol is saving the planet and conserving resources then such savings will be reflected in lower price for comparable service. Can't economically make ethanol without diesel and natural gas, so "renewable" is only due to government slight of hand in terminology.
As for used batteries, they are a higher grade of materials than raw ore. My Tesla battery is said to weigh 1400 pounds. Any good capitalist would jump at the opportunity to turn that used battery into profit by reuse.
And speaking of Tesla, that "battery" is really a battery of about 18 other batteries of about 400 cells each. Over 7100 cells in my battery. The whole thing rarely goes bad all at once. Used Tesla cells bring a pretty penny on eBay. And plenty of opportunities are appearing to use used EV batteries for utility electrical storage.
Are you sure about that corn?
Its difficult to prove a negative. Surely someone here grows corn? My land grows hay and cattle.