It is time to remove the market distortion for corn that is the government's economic incentive to produce more corn.  If we insist on burning gasoline-ethanol mixtures, it should make energy, hence economic sense.
"· It takes more energy to make ethanol from corn than you get from the ethanol. 
· Corn requires a whole lot of fertilizer, and the runoff goes into 
the Mississippi River and runs down to the Gulf of Mexico, where it 
creates a dead zone the size of New Jersey.
· A gallon of ethanol has only about 2/3 the energy of a gallon of 
gasoline; hence, your miles per gallon will decrease if you use gasoline
 containing ethanol.
· Making corn into ethanol for our cars is tantamount to burning our 
food, and it is driving up the cost of the food left to eat. Corn is a 
staple food for hogs, cattle, sheep, and chickens, so the cost of all 
meat and poultry are going up, along with the cost of corn itself.
· Ethanol loves water and soaks it up from its environment, so it 
can’t be shipped in long-distance pipelines with gasoline, because the 
water will corrode the piping and pumping machinery. The ethanol will 
dry out pump seals. Consequently, it has to be transported in trucks at a
 higher cost and mixed with the gasoline near the end-use consumer 
market.
· The only good reason for making corn into ethanol is for whiskey."
https://www.econlib.org/the-chemistry-of-ethanol/ 
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