Manufacturing Industry
Boston Herald Slams 'Biodiesel Boondoggle'
Diesel Fuel News, Sept 17, 2001
Forcing taxpayers to cough up $1.50 in subsidy for every gallon of biodiesel as pushed by the U.S. soybean lobby would be a huge waste of money, the Boston Herald said in an editorial. "There was a time when such a proposal would have been hooted down, but today, it seems, anything goes," the Herald lamented, citing a pork-barrel mentality pervading the U.S.
Congress. The soy lobby claims the subsidy would be offset by other farm subsidy cuts and some of the lost highway transit fund monies could be replaced "at least initially."
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