Time to get government out of picking winners and losers.
Check it out:
Slapping the word rural in front of a bunch of green subsidies does not mean they’re not subsidies. But that’s exactly what the Rural Energy Investment Act section of the Senate version of the farm bill legislation does.
The legislation includes direct handouts and loan guarantees for advanced biofuels and bio-refineries, renewable chemicals, and bio-based product manufacturers. It would also reauthorize the Rural Energy for America Program, which “provides grants for energy audits and renewable energy development assistance. It also provides funds to agricultural producers and rural small businesses to purchase and install renewable energy systems and make energy efficiency improvements.”
The Rural Energy Self-Sufficiency Program includes grants “to assess energy use in a rural community, evaluate ideas for reducing energy use, and develop and install integrated renewable energy systems.”