In my recent “Bootleggers & Baptists, Sugary Soda Edition” post, I wrote that environmentalists and agribusiness team up to support ethanol subsidies. An alert Cato@Liberty reader writes to my colleague Jerry Taylor:
[Cannon] is no doubt right that environmentalists and agribusiness worked together to promote government subsidies to ethanol through about 2006. But by 2007 (when the ethanol mandate was doubled) the environmentalists had dropped out of the pro‐ethanol coalition, to be replaced by national‐security hawks! If you run into him, please tell him to stop blaming environmentalists for current biofuels policies!
If environmentalists have recently dropped their support for ethanol subsidies, they deserve credit for that. Mea culpa.
I would rather have been completely wrong about the environmentalists’ support for ethanol subsidies. But I’ll settle for being partly wrong.