Food Chain Radio Show #1086

Michael Olson, Author & Urban Farming Agriculturalist

End of Biofuel Subsidies?

This Poll is closed!!

Should the federal government subsidize plant-based fuels?

No

Yes

*

50%

50%

Guest: Don Scott, Director of Sustainability National Biodiesel Board

When oil hit sixty dollars a barrel, the federal government established a Renewable Fuel Standard to support plant-based alternative biofuel.

Michael Olson Food Chain Radio – Should the federal government continue plant-based biofuel subsidies?

The federal government has since subsidized biofuels with tax credits and price supports, and when oil hit a hundred and forty seven dollars a barrel, the renewable fuels industry boomed.

But then came the Bakken and Permian basins, and a glut of oil that sent prices plunging.   The biofuel tax credits have now expired and their renewal is pending before a new president and new congress.

And that leads us to ask…

Leave a comment below: Should government subsidize plant-based fuels?

Tune in here, for the syndicated Food Chain Radio Show #1086 January 7, 2017 Saturday 9AM Pacific