Besides the U.N worries over Global Food Shortages, here is another reason this law should be scrapped. It isn’t profitable nor sustainable.

Ethanol production margins signal plant closures

An analysis of the economics of corn ethanol production by Todd Schmit, an expert in agribusiness management and marketing, has the margin of production extremely close to unprofitable, which could result in ethanol plants shutting down.

I never understood the logic of turning food into fuel to be burned up in a internal combustion engine when there are other ways to obtain fuels from algae, canola and switchgrass to name a few.