Topic: Doug Koplow
The Senate vote on repealing tax subsidies for ethanol producers has big political ramifications, but the impact on the industry could be minimal. A continuing federal mandate that requires refiners to blend ethanol into gasoline provides adequate support for producers, experts say.
As President Obama and Congress look for budget cuts, some experts say federal energy subsidies are ripe for trimming. Among oil companies, nuclear power, and coal, who gets what from US taxpayers?
Obama wants to triple public financing for new nuclear power plants, even as he nixes funds for storing commercial radioactive waste. The policy may be calculated to win votes for climate change legislation, but critics say it's not 'coherent' and carries new security risks.
Issues of safety and waste make way for a focus on funding.