brooklyn137
2 months ago
Thanks, smokey1. I was surprised to hear about this so I checked. You are correct. Two cautions, however. This was in the context of the Iowa caucuses, and Iowans are in favor of ethanol for obvious reasons. Like every other politician from Bill Bradley to everyone, DeSantis said he was in favor of ethanol when campaigning in Iowa after having voted against ethanol in Congress. When in Iowa everyone is for ethanol. https://www.politico.com/news/2023/07/07/trump-desantis-ethanol-00105239
Second, Trump is a bit of a will of the wisp. Just because he supported it then doesn't mean he will support it now.
What may be more important for us is that ethanol primarily benefits rural (red) states, which are part of Trump's and the Republican's base. That may give him enough incentive and enough Republican pressure to keep him in line for us.
Also, Elon Musk's Tesla gets benefits from the Inflation Reduction Act for his electric cars. Unlikely Trump will try to unwind them.