Sorry, you need to enable JavaScript to visit this website.

GOP Party Platform Calls for End to Ethanol Mandate

00:00AM Sep 02, 2008

via a special arrangement with Informa Economics, Inc.

But Congress not expected to alter current mandate

NOTE: This column is copyrighted material, therefore reproduction or retransmission is prohibited under U.S. copyright laws.


My initial reports last week were confirmed regarding the Republican platform calling for an end to the corn-based ethanol mandate, as the GOP's 2008 platform detailing policy positions said markets – not government – should determine how much ethanol is blended into gasoline.

“The U.S. government should end mandates for ethanol and let the free market work,” the platform language noted. The 2004 GOP platform supported expanding the use of ethanol to reduce dependence on foreign oil and increase revenue for farmers.


Comments: A party's platform provides a general direction of policy initiatives and positions, but they frequently do not end up in legislative bills signed into law. However, this is, indeed, a major change from the GOP's position on the top during the last platform debate.

But there will be no move by the Democratically controlled Congress to alter the ethanol mandate.


NOTE: This column is copyrighted material, therefore reproduction or retransmission is prohibited under U.S. copyright laws.


 

Tags: