How Green Is Ethanol?
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The Midwestern corn lobby is seeing its worst nightmare made real today: the Environmental Protection Agency is reducing the amount of corn-based ethanol in gasoline for the first time. That's a victory for oil companies—and even some environmentalists. What about reducing air pollution? What will it mean for the price of gasoline? Also, Democrats defect and support a Republican bill on Obamacare, and China's leadership proclaims a new era. We hear about major changes.
Banner image: Harvesting corn for ethanol
Democrats Defect and Support GOP Bill on Obamacare ()
Thirty-nine House Democrats bucked party leaders today and voted along with Republicans to change the Affordable Care Act. The bill would allow individuals to buy insurance policies that don't meet Obamacare standards, and it faces a Presidential veto. David Lightman reports on Congress for the McClathcy Newspapers.
Is Ethanol Doing More Harm than Good? ()
Under federal law since 2007, gasoline in America has been blended with more and more corn-based ethanol every year. President Obama has been a major supporter but today, for the first time, his Environmental Protection Agency will reduce the mandate. A political explosion is already underway in Washington, pitting corn producers against an unlikely alliance, including oil companies and environmentalists. Is ethanol failing to help clean up the air after all? Is excessive corn production threatening the environment? What's likely for the price of gasoline?
- Darren Goode: Politico, @DarrenGoode
- Brooke Coleman: Advanced Ethanol Council
- Ben Larson: National Wildlife Federation, @NWF
- Dina Cappiello: Associated Press, @dinacappiello
- Bruce Babcock: Iowa State University
Today's Talking Point
China Revises Its One-Child Policy in New Reforms ()
After four days of high-level meetings, China's new leadership has announced what are being called the boldest reforms since Deng Xiaoping embraced market refor in the 1970's and early 80's. China's Communist Party Central Committee has endorsed 60 reform initiatives, many of which could have long-term consequences. Mao Zedong's "re-education through labor" will be abolished, and so will the rule of one child for every family. Mei Fong is a Pulitzer Prize-winning reporter, former China correspondent for the Wall Street Journal, who's writing a book with the working title, "Grey Emperors: How China's One Child Policy Affects the World."
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