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Wednesday, December 20, 2006

State 29: E85 Is Wasting Taxpayer's Money

Excerpted from this post at State 29
From Grainnet: "The Iowa Renewable Fuels Association (IRFA) Dec. 18 announced that Iowa consumers have four new locations to fuel up with homegrown E85 – Harlan, West Point, Dunlap and Grinnell. Iowa now has 55 stations offering E85. ... Entities wishing to install E85 or biodiesel retailing sites or biodiesel blending terminals can now apply for grants through a new $13 million Iowa Department of Economic Development infrastructure program." That's $13 million down a rathole. There are 980 people living in West Point, and just over 1100 in Dunlap. How many E85-compatible cars do you think are in those areas? Maybe a handful? And how many of those people are going to be long-term customers of the heavily-subsidized hooch? Probably not many.

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Mike Schramm
Andy Szal

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