McCain Embraces Ethanol
Looks like Palin mentioning ethanol subsidies in Iowa a couple days ago wasn’t a sign of her going “rogue.”
In any event, here’s more from Politico:
â€œOn the subject of ethanol, my friends, I will open every market in the world to the best products in the world, and thatâ€™s the American agricultural farmer and worker,â€ said McCain at a rally at the University of Northern Iowa attended by about 2,600 people.
The remark was a shift in tone, though not in policy, from McCain, who has long been a staunch opponent of federal corn ethanol subsidies â€” a position that hasnâ€™t helped him win votes in the Iowa agricultural belt.
In 2003, McCain told Fortune magazine that “ethanol is a product that would not exist if Congress didn’t create an artificial market for it. No one would be willing to buy it.â€ He said in he doubted ethanol would reduce fuel consumption, improve air quality or do much to increase energy independence.
This is a BIG break from his past policies, and one I don’t think he had to make. Iowa is COMPLETELY out of reach for McCain in this election cycle.
However, I disagree with Politico about it not being a policy shift. It is. Because if McCain embraces supporting ethanol, he’s in favor of subsidies. Because he was right that it’s a completely false market. So he can’t have it both ways.