Biofuels Boom Raises Tough Questions
March 10th, 2007 By MATT CRENSON, AP Writer
A handful of corn is shown before it is processed at the Tall Corn Ethanol plant in Coon Rapids, Iowa, in this May 24, 2006 file photo. Strong demand for corn from ethanol plants is driving up the cost of livestock and will raise prices for beef, pork and chicken, the Agriculture Department said Friday, March 9, 2007. (AP Photo/Charlie Neibergall)
(AP) -- America is drunk on ethanol. Farmers in the Midwest are sending billions of bushels of corn to refineries that turn it into billions of gallons of fuel. Automakers in Detroit have already built millions of cars, trucks and SUVs that can run on it, and are committed to making millions more. In Washington, politicians have approved generous subsidies for companies that make ethanol.
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