August 11, 2008
The U.S. Environmental Protection Agency last week rejected a request from the governor of Texas to waive federal ethanol fuel mandates that could consume 40 percent of the U.S. corn crop by 2015. A new working paper by CGD senior fellow Kimberly Elliott demonstrates that for poor people in the developing world corn-based ethanol is a bad bargain. In a related blog post she pokes holes in the EPA decision.