Biofuels – Snake Oil for the Twenty-First Century

Oregon Law Review, Vol. 87, p. 1183, 2009

76 Pages Posted: 20 Feb 2010  

Arnold W. Reitze Jr.

University of Utah - S.J. Quinney College of Law

Date Written: 2009

Abstract

Biofuels made from corn or soy beans are heavily subsidized by Federal and state governments based on claims that their use improves environmental quality and reduces the U.S. dependency on foreign oil supplies. This article refutes these claims and documents how the farm lobby aided by money from ethanol producers results in numerous subsidies that cost the American taxpayer more than $6 billion a year with costs projected to triple by 2022.

Keywords: biofuels, ethanol, biodiesel, alternative fuels

JEL Classification: A13, K32, K34. L51, L52, N50, Q18, Q20, Q42, R58

Suggested Citation

Reitze, Arnold W., Biofuels – Snake Oil for the Twenty-First Century (2009). Oregon Law Review, Vol. 87, p. 1183, 2009. Available at SSRN: https://ssrn.com/abstract=1554647

Arnold W. Reitze Jr. (Contact Author)

University of Utah - S.J. Quinney College of Law ( email )

383 S. University Street
Salt Lake City, UT 84112-0730
United States
801 581 6833 (Phone)

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