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	<title>Cato @ Liberty &#187; ethanol production</title>
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		<title>New Paper: Why Sustainability Standards for Biofuel Production Make Little Economic Sense</title>
		<link>http://www.cato-at-liberty.org/new-paper-why-sustainability-standards-for-biofuel-production-make-little-economic-sense/</link>
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		<pubDate>Wed, 07 Oct 2009 15:12:38 +0000</pubDate>
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				<category><![CDATA[Cato Publications]]></category>
		<category><![CDATA[Energy and Environment]]></category>
		<category><![CDATA[Auto]]></category>
		<category><![CDATA[cato policy analysis]]></category>
		<category><![CDATA[co2]]></category>
		<category><![CDATA[ethanol production]]></category>
		<category><![CDATA[fuel]]></category>
		<category><![CDATA[gasoline]]></category>
		<category><![CDATA[import tariffs]]></category>
		<category><![CDATA[production]]></category>
		<category><![CDATA[standards]]></category>
		<category><![CDATA[subsidies]]></category>
		<category><![CDATA[sustainability standards]]></category>
		<category><![CDATA[tariff]]></category>
		<category><![CDATA[tax credit]]></category>

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		<description><![CDATA[<p>By Cato Editors</p>The U.S. sustainability standard currently requires ethanol production to emit at least 20% less CO2 than the gasoline it is assumed to replace. In a new study, authors Harry de Gorter and David R. Just argue that sustainability standards for ethanol are, by definition, illogical and ineffective. Moreover, say de Gorter and Just, those standards [...]<p><a href="http://www.cato-at-liberty.org/new-paper-why-sustainability-standards-for-biofuel-production-make-little-economic-sense/">New Paper: Why Sustainability Standards for Biofuel Production Make Little Economic Sense</a> is a post from <a href="http://www.cato-at-liberty.org">Cato @ Liberty - Cato Institute Blog</a></p>
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			<content:encoded><![CDATA[<p>By Cato Editors</p><p>The U.S. sustainability standard currently requires ethanol production to emit at least 20% less CO<sub>2</sub> than the gasoline it is assumed to replace. In a <a href="http://www.cato.org/pub_display.php?pub_id=10600">new study</a>, authors Harry de Gorter and David R. Just argue that sustainability standards for ethanol are, by definition, illogical and ineffective. Moreover, say de Gorter and Just, those standards divert attention from the contradictions and inefficiencies of ethanol import tariffs, tax credits, mandates, and subsidies, all of which exist whether ethanol is sustainable or not.</p>
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<p><a href="http://www.cato-at-liberty.org/new-paper-why-sustainability-standards-for-biofuel-production-make-little-economic-sense/">New Paper: Why Sustainability Standards for Biofuel Production Make Little Economic Sense</a> is a post from <a href="http://www.cato-at-liberty.org">Cato @ Liberty - Cato Institute Blog</a></p>
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