Hosting Thanksgiving Dinner is an expensive operation that is almost universally observed across the United States, and a consortium of companies and groups concerned about the impact of the Renewable Fuel Standard on the US economy sees this year’s Thanksgiving as an ideal opportunity to note what it says will be an increase in the cost of a high-profile family event.
The group has issued an infographic detailing the increased costs it says could result from the RFS policies. The full infographic can be downloaded on the Smarter Fuel Future website here.
The organization says:
“According to the American Farm Bureau Federation’s survey, turkey dinner and all the fixings for 10 people will cost $49.48, or about 35 percent more than it did when the Renewable Fuel Standard was first passed in 2005.
“This is a result of the worst drought in more than 50 years and an energy policy that diverts 40 percent of our corn crop away from food and animal feed in order to meet the current ethanol mandate. Prioritizing fuel over food has real impacts on global poverty rates, our national security and the prices we pay at the supermarket.”