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March 18, 2008 | Jim Lane | Comments 0

$3 billion US ethanol subsidy produced $6 billion reduction in farm subsidies: researcher

In Florida, an editorial in the Tampa Tribune quoted findings Bruce Dale, professor of biobased technologies at Michigan State University, that the US ethanol subsidy cost $3 billion last year, but resulted in a $6 billion reduction in farmer subsidies, and a $15 billion reduction in foreign oil imports.

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