Fifteen years ago, corn ethanol was a wunderkind, set to cure the U.S.’ addiction to foreign oil, reduce the pollution caused by driving, and revitalize American agriculture and rural economies. In the intervening years, the problems evolved while ethanol remained, and today many question what the future of the sector might look like. Today the U.S. is facing a different set of challenges, particularly around climate change, and the search for a solution - perhaps a silver bullet - remains. Ag carbon markets look promising, and advocates and entrepreneurs are flocking to them in the hopes that saving the planet might be a lucrative endeavor.
Might the history of ethanol, ag’s past environmental policy, offer insight on what might be ahead for carbon markets? Join Ag Economic Insights David Widmar and Brent Gloy as they peak into the history books to see the future.
Corn Saves America is sponsored by AEI Premium. Join the community for decision makers in agriculture. Free 14-day trial: https://aei.ag/premium/.
Fifteen years ago, corn ethanol was a wunderkind, set to cure the U.S.’ addiction to foreign oil, reduce the pollution caused by driving, and revitalize American agriculture and rural economies. In the intervening years, the problems evolved while ethanol remained, and today many question what the future of the sector might look like. Today the U.S. is facing a different set of challenges, particularly around climate change, and the search for a solution - perhaps a silver bullet - remains. Ag carbon markets look promising, and advocates and entrepreneurs are flocking to them in the hopes that saving the planet might be a lucrative endeavor.
Might the history of ethanol, ag’s past environmental policy, offer insight on what might be ahead for carbon markets? Join Ag Economic Insights David Widmar and Brent Gloy as they peak into the history books to see the future.
Corn Saves America is sponsored by AEI Premium. Join the community for decision makers in agriculture. Free 14-day trial: https://aei.ag/premium/.