A little perspective:So, a mere four years of the environmentally-questionable and politically-driven ethanol subsidies cost the US economy more than the entire estimated cost of the BP oil spill.
BP's oil-spill cleanup bill, so far: $3.2 billion
Money BP is setting aside for the total bill: $20 billion
Annual cost of U.S. ethanol subsidies: $5 billion
Ethanol subsidies going to BP this year: $600 million
Hat tip: Power Line
PREVIOUSLY on the environment and politics:
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