US might have been wrong about Ethanol
Study show US could have been wrong with implementing ethanol to reduce emissions and could have had opposite effects. Link
Forum Discussion
The ethanol industry would never have, and still won't survive very long without taxpayer subsidized support. It cost more to produce than regular gasoline. It was marketed as a midgrade fuel, at a higher price initially and was failing. Human nature to buy cheapest fuel at the pump.
Mentioned above...crop yields not guaranteed, so yes, a bad year is likely. The answer is, like many businesses, or the lowly wage earner, you save when profits are high, or invest them in a good year. Everyone needs to plan ahead, whether it is year by year, or long term. Most cases, folks that require bailouts, will learn to expect it, and always need it.
Jerry
Mentioned above...crop yields not guaranteed, so yes, a bad year is likely. The answer is, like many businesses, or the lowly wage earner, you save when profits are high, or invest them in a good year. Everyone needs to plan ahead, whether it is year by year, or long term. Most cases, folks that require bailouts, will learn to expect it, and always need it.
Jerry
