Biofuels Bill: Federal Subsidies Will Top $400 Billion, Enviros Say
Document Detail
Biofuels Bill: Federal Subsidies Will Top $400 Billion, Enviros Say
Coverage:
USA
Resource Type:
Energy
Tags:
biofuels
Abstract
"Environmental groups Earth Track and Friends of the Earth just put out a study quantifying biofuels subsidies through 2022, as the U.S. plans to massively increase production of biofuels. The upshot? The cost to taxpayers would be about $420 billion over that period, or an average of about $28 billion a year."
