Climate Campaigners Say Biden Ethanol Push Is 'As Silly as It Is Dangerous'
As U.S. President Joe Biden on Tuesday announced a suspension of seasonal regulations on ethanol blending—part of a bid to lower gas prices—climate campaigners criticized the White House for pursuing what they characterized as an economically impotent and environmentally harmful policy instead of advocating for more effective and popular solutions: a windfall profits tax on Big Oil and aggressive clean energy transition.
With inflation and corporate profits at their highest levels in decades—thanks in large part to price gouging at the pump and beyond—Biden "headed to corn-rich Iowa on Tuesday with a modest step aiming...