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(CNSNews.com) – The Environmental Protection Agency’s (EPA) decision last week to reduce the amount of ethanol in the nation’s fuel supply for the first time is a welcome acknowledgment that the regulation was little more than a “Soviet-style production quota,” according to Marlo Lewis, senior fellow at the Competitive Enterprise Institute (CEI).
“Like all central planning schemes, there comes a point where even the commissar has to admit that it’s just not working,” Lewis said in a statement.
- See more at: Ethanol Mandate:
Fuel for food was never a good idea, not only does it drive the prices up on food stuffs since most processed foods consumed by Americans are made with derivatives of corn and soy, but it also inflates the price of meat as well for little return