Green Subsidies: A Breeding Ground for Corruption

Tim Carney has a list of greenwashed crony capitalism — and concludes with, “The more we dig into green energy subsidies, the more rot I expect we will find.” My favorite though is the last item:

A Soperton, Ga., ethanol plant — founded by major Democratic donor Vinod Khosla — sucked up more than $162 in federal and state subsidies before shutting down without ever producing a drop of ethanol.

Give people ethanol, and they’ll just drive nasty cars with it. Really, wasn’t Khosla just doing us a favor?