Corn Ethanol: Who Pays? Who Benefits?

Author:   Ken G. Glozer
Publisher:   Hoover Institution Press,U.S.
Volume:   569
ISBN:  

9780817949617


Pages:   248
Publication Date:   30 April 2011
Format:   Hardback
Availability:   In Print   Availability explained
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Corn Ethanol: Who Pays? Who Benefits?


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Overview

In this in-depth, fact-based evaluation, Ken G. Glozer provides a detailed political history of how the United States ended up with current federal corn ethanol policy. Part I relates the significant external events that have driven the politics that in turn has driven the policy since 1977. He answers important questions about when the policy started, how it evolved, what were the major political and market forces that drove it, and, most important, who were the key officials that formed and shaped the policy. Part II of the book contains an in-depth objective evaluation of the major claims made by those who have advocated the ethanol policies during the past thirty years. Glozer uses his analytic, policy evaluation skills, honed during his twenty-six years with the White House Office of Management and Budget, to probe how well the ethanol policy has worked compared to the claims made by two presidents, three federal agencies, ethanol producers, and the corn and soybean growers. The author presents the results of an evaluation of the Renewal Fuels Standard, which was first enacted in 1975 then doubled, to a mandatory 15 billion gallons of corn ethanol blended into the nation's gasoline supplies. His surprising finding--that federal ethanol policy has little to do with energy and everything to do with wealth transfer--is particularly compelling because, after three decades of federal subsidies, trade protection, and, most recently, mandated ethanol blending, ethanol remains uneconomical. Also, according to the Department of Energy's Energy Information Administration, ethanol never has and never will have a significant impact on petroleum imports compared to what could be achieved under a competitive market policy. Glozer's sobering conclusion is that the taxpayers and consumers are the victims of the current policy in that they have no choice but to pay and pay.

Full Product Details

Author:   Ken G. Glozer
Publisher:   Hoover Institution Press,U.S.
Imprint:   Hoover Institution Press,U.S.
Volume:   569
Dimensions:   Width: 14.00cm , Height: 2.50cm , Length: 21.60cm
Weight:   0.480kg
ISBN:  

9780817949617


ISBN 10:   0817949615
Pages:   248
Publication Date:   30 April 2011
Audience:   Professional and scholarly ,  Professional and scholarly ,  Professional & Vocational ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Ken G. Glozer is currently president of OMB Professionals, a Washington, DC based energy consulting firm. He was a senior executive service career professional with the White House Office of Management and Budget in the energy, environment, and agriculture area for twenty-six years.

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