Second, it's considerably more expensive than gasoline. Over half that goes straight into ADM CEO Dwayne Andreas's coffers. Introducing that law was Dole, ADM's point man for its assault on the taxpayers. Dole has introduced over two dozen bills to help the ethanol industry and lobbied fiercely for it outside of Senate chambers as well. ADM needs people like Dole because ethanol is not only too expensive, it's worthless.
Ethanol is touted as cleaner than gasoline.
Indeed, it can reduce emissions of carbon monoxide, a fairly minor pollutant. While harmful in enclosed areas, carbon monoxide never causes serious health problems even at the very highest levels found in outdoor air. Moreover, ethanol only reduces carbon monoxide emissions from cars built before oxygen sensors were made mandatory in 1983 or whose oxygen sensors are broken. Repeated studies at the University of Denver using a remote testing device invented there have found that out of 250-300 late model vehicles tested, at most one will put out significant carbon monoxide emissions. Indeed, in 1992 the EPA declared it could not be certified as a pollution-fighting fuel for use in the nation's smoggiest cities.