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Informationen zum Autor Ken G. Glozer is currently president of OMB Professionals, a Washington, D. C. based energy consulting firm. He was a senior executive service career professional with the White House Office of Management and Budget in the energy, environment, and agriculture area for twenty-six years. Klappentext In the first decade of the twenty-first century, both the Bush and Obama administrations, along with Congress, have been enamored of an energy policy that relies on federal mandates and production subsidies to promote ethanol use as a cure-all for a host of problems. Yet the rationale for those policies does not rest on any objective empirical evidence that they work or are more effective than a policy of simply relying on competitive markets to realize our goals of energy security, economic security, and environmental quality. In this book, Ken Glozer provides a factual evaluation of the major claims made by those who have advocated an ethanol policy for the past thirty years and answers a number of important questions. When did the policy start? How did it evolve? Who were the key officials that formed and shaped the policy? And, most important for understanding the continuing support for the policy and the obstacles to reform, what were the major political and market forces that drove it? After a detailed review of the history of the policy since 1977, the author presents the results of an evaluation of the claims made by the architects of the Renewal Fuels Standard (RFS--a mandate that requires an increasing percentage of ethanol to be blended in all gasoline sold in the United States). The RFS was first enacted in 2005 and then doubled in 2007 legislation to 15 billion gallons of corn ethanol for blending into gasoline nationwide by 2015. That mandate was in addition to an existing deep subsidy to ethanol producers of 45 cents per gallon of ethanol and trade protection against lower-cost Brazilian ethanol. His surprising findings--that federal ethanol policy has little to do with energy and everything to do with wealth transfers from consumers and taxpayers to corn and ethanol producers--is particularly compelling because, after three decades of federal subsidies, ethanol remains uneconomical even with the subsidies, trade protection, and the blending mandate. Glozer's sobering conclusion is that taxpayers and consumers are the victims of the current policy. They have no choice but to pay and pay and receive no benefits in return. Zusammenfassung Documents the political history of US federal corn ethanol policy! showing how it has evolved from 1977 to 2008. It then offers an in-depth! fact-based look at the major assertions made by the advocates of the policy! providing the results of an evaluation of the claims made by the architects of the Renewal Fuels Standard in 2005 during its consideration by Congress. ...
