A series of recent events and disclosures indicates that ethanol as a gasoline additive may be on its way to the dumpster, following the controversial oxygenate MTBE. An editorial in the Chicago Tribune, widely circulated in corn-producing areas, comments on recent high gasoline prices, saying, “Scientific evidence is growing that neither MTBE nor ethanol does much to ease air pollution,” and that “government meddling has led to vast ethanol subsidies and higher gasoline prices.” On June ...

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