Corn alcohol has a long history as a fuel, going back well into the 19th century. Over time, it’s fallen in and out of favor, from being a pet project of Henry Ford’s to being outlawed during prohibition. By the 1970s, an oil crisis prompted farmers and lawmakers to take ethanol off the shelf, but it would languish until environmental concerns in the 1990s brought it back into the agricultural mainstream.
Carbon markets are still very much experiencing their origin story, but by understanding how ethanol rose to prominence, we can gain a new understanding about what the next several years might look like for ag carbon markets.
This episode, you’ll join Ag Economic Insights David Widmar and Brent Gloy, as well as economists, historians, policy advisors, and entrepreneurs as they share their perspective on the birth of two environmental ag policies.
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