The Daily Caller reports that new presidential candidate Tim Pawlenty told Corn Belt Iowans Monday that ethanol subsidies must cease. The former Minnesota governor’s “Time for Truth” campaign claims that “bailouts, handouts and carve-outs” are financially irresponsible. Intellectual Takeout points out that ethanol fuel supporters cling to the renewable fuel argument, but enough criticisms of Read on! →

The government has just given its approval for a greater amount of ethanol fuel to be added to gasoline. Previously, approved mixture was 10 percent ethanol to 90 percent gasoline, called E10. The Environmental Protection Agency has approved the use of a 15 percent ethanol blend, E15, for vehicles from the 2007 model year and Read on! →