Tuesday, November 6, 2007

Sugar Industry Expands Influence

From the Washington Post:

When U.S. sugar farmers needed help this summer defending a $1 billion, 10-year subsidy plan in a new House farm bill, they found it in some surprising places.
...Sugar lobbyists say the sugar-for-ethanol provisions could be the catalyst for a new industry. But recent Agriculture Department studies have questioned whether high-priced U.S. sugar can be an economical source of biofuels, particularly at current depressed ethanol prices....MORE