| federal government subsidies and mandates, and probably wouldn't exist without them. These subsidies were recently renewed this past December. [ http://www.reuters.com/article/2010/12/15/us-usa-ethanol-incentives-idUSTRE6BE4XY20101215 ] Diverting 40 per cent of U.S. corn production to ethanol drives up the price of other grains around the globe, raising the price of food worldwide. This can be quite a burden, especially in poorer nations where up to half of most families' budgets are spent on food.
 Chance favors the informed
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