Dinneen: Anti-ethanol op-ed does not hold up to facts

01/14/2013 | EthanolRFA.org/The E-Xchange blog

An op-ed by Andrew Morriss contained inaccurate statements about ethanol, writes Bob Dinneen, president and CEO of the Renewable Fuels Association. Morriss' allegation that ethanol production drives up food costs is not factual, as average food inflation rates have actually gone down from 3.47% from 1980 through 2004 to 2.95% since the enactment of the Renewable Fuel Standard in 2005, Dinneen states. Only 14 cents for every dollar spent on food goes to raw ingredients such as corn; the remaining 86 cents goes to packaging, marketing and other supply-chain expenditures, Dinneen points out.

View Full Article in:

EthanolRFA.org/The E-Xchange blog

Published in Brief: