Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax
Green Car Congress
FEBRUARY 17, 2010
Biofuel policies are clearly inferior to a portfolio of specific taxes and subsidies that directly target environmental, energy and agricultural policy goals. Taxpayer costs of biofuel and renewable energy policies in general are very high, especially relative to their benefit (which can easily be negative and highly so).
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