ICM - Ethanol - The Fuel of the Future Back Next
1998


The ethanol subsidy was extended through 2007 while plant sizes gradually increased.

The Federal Highway Bill extended the subsidy through 2007, but called for a gradual reduction to 51 cents per gallon. In conjunction with the extension, the average ethanol plant grew from an average of between 20,000 and 7 MGY in the 1980s to a new high of 20 to 30 MGY.

 
ethanol