Ethanol and the Green Revolution: Economic Development and Environmental Issues

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Government at both federal and state levels in the U.S. have embraced ethanol production as a tonic for various policy problems. These include energy independence, rural economic development, and environmental considerations. Ethanol production has had a significant effect on rural economic development in the U.S., as billions have been invested in this technology. This investment has created jobs and supported rural America. Government policy, including subsidies, tax credits, and regulatory intervention into petroleum marketing practices, have created costs that extend beyond the fuel pump. This paper will address the costs and benefits of ethanol, including its environmental impacts on rural society in America and beyond.

Stream: Cultural Sustainability

Paper: A paper has not yet been submitted.

Professor Morse holds the McGrath North Mullin & Kratz endowed chair in business law. His research interests extend to matters of government regulation, taxation, and technology and their impacts on society. Recent publications include a book published by the University of Michigan Press, and numerous articles and studies in U.S. and European journals. His current research focuses on an assessment of the economic, environmental, and social impacts of the ethanol industry in the United States.

Dr. Ernie Goss holds the MacAlister Chair in Regional Economics in the College of Business Administrations at Creighton University School of Law. His research focuses on economic development and government policy. Dr. Goss has served as a fellow in the Congressional Budget Office, and he has published numerous studies on topics involving economic development, trade, and policy. His most recent book was published by the University of Michigan Press, and his current research focuses on rural economic development issues involving ethanol. He publishes monthly economic survey indexes that receive national media attention.