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Manhattan Moment: Biofuel mandates help special interests at consumers' expense

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This month, the Environmental Protection Agency announced a reduction in 2014 biofuel mandates from 18 billion gallons to 15 billion gallons. This decision was made because gasoline consumption has fallen, and fuel mixes made with more than 10 percent biofuels can damage car engines. But there is more to the story. Since 2005, the Renewable Fuel Standard has required fuel sold in the United...

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