date:Nov 19, 2012
in calling for Congress tooverride the EPA. Many consumers will experience higher food
costs firsthand this Thanksgiving.
The RFS in its present form was ordained in 2007, and aimed athelping the United States achieve energy independence by reducingconsumption of gasoline. But it has been a godsend to ArcherDaniels Midland, an agribusiness conglomerate that has receivedhuge government subsidies to produce ethanol from corn under the
RFS. One study claims that every dollar of profit from itsbio