Key Support for US Ethanol Expires

The end of 2011 saw the end of billions of dollars in U.S. government support for companies that turn corn into alcohol for motor fuel. That decision marks a big change in U.S. politics.

The tax credit was about half a dollar for every 3.8 liters of ethanol, and cost $6 billion in 2011 at a time when politicians were fighting over the cost of government.

The financial support and a tariff on ethanol imports were intended to bolster the alternative fuel industry more than 30 years ago. Supporters said U.S.-produced ethanol helped reduce dependence on imported oil, and cut air pollution from cars and trucks.

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