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Ethanol Subsidies, Sarbanes-Oxley and Bottled Water

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Ethanol Subsidies, Sarbanes-Oxley and Bottled Water

A broad-based coalition calls on Congress to phase out subsidies for ethanol production.

A federal Appeals Court rules on a Constitutional challenge to the Sarbanes-Oxley Act’s corporate accounting rules. 

Colleges and universities debate proposals to ban sale of bottled water on campus.  

More headlines: listen to the LibertyWeek podcast.  

1. BUSINESS 

A broad-based coalition calls on Congress to phase out subsidies for ethanol production.

CEI Expert Available to Comment: Senior Fellow Marlo Lewis on why we must let ethanol sink or swim without subsidies: 

“After 30 years of government coddling, it's time for this infant industry to grow up and succeed or fail on its own merits. If ethanol is commercially viable then no government support is needed; if it is not commercially viable, no amount of government support can make it so.” 

 

2. LEGAL

A federal Appeals Court rules on a Constitutional challenge to the Sarbanes-Oxley Act’s  corporate accounting rules.  

CEI Expert Available to Comment: General Counsel Sam Kazman reacts to the verdict:

“While the court’s decision is, of course, disappointing, the 5-4 split among the judges demonstrates that this is an extremely important issue. We are hopeful that the Supreme Court will accept this case for review.”

 

3. HEALTH

Colleges and universities debate proposals to ban sale of bottled water on campus.            

CEI Expert Available to Comment: Director of Risk & Environmental Policy Angela Logomasini on the unintended consequences of banning bottled water: 

“Ironically, much of the increase in bottled water consumption in the past several years has simply replaced drinking of caffeine and/or sugar-containing drinks. Denying the option to buy bottled water is likely to increase consumption other bottled drinks, which may add onto extra pounds that students gain during college. It will also make it more difficult for students engaged in sports to stay hydrated.”

 

Listen to LibertyWeek, the CEI weekly podcast, here.