S2|Ep7 Over Promised, Under Delivered

Just as corn-based ethanol production was surging to fulfill the mandates of the 2007 RFS, enthusiasm began shifting to the new kid on the block: cellulosic ethanol. With the help of the government - including mandated usage- the even better renewable fuel made from switchgrass, corn stover, or other biomass feedstocks was just around the corner, or so we thought. This raises important questions for carbon markets, what happens if the technologies needed, despite the enthusiasm and investments, don’t materialize? This episode, you’ll join Ag Economic Insights David Widmar and Brent Gloy, as well as economists, historians, policy advisors, and entrepreneurs as they share their perspective on the birth of two environmental ag policies. Learn more about becoming and AEI Premium subscriber at AEI.ag/premium.