Minnesota Gov. Walz Pushes for Subsidized Biofuels but Economists Warn of Climate Damage, Higher Food Prices

Gov. Tim Walz asked for President Joe Biden’s continued support for the biofuels program last week, despite economists’ concerns over concerns about biofuels’ inefficiency and costs. 

Biofuels — bioethanol and biodiesel derived from plants — since 2005 have been pitched as a solution to climate change because they decrease dependency on fossil fuels.

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