This article offers an interesting perspective and economic analysis of why ethanol fuel has not taken off despite lots of price supports. Essentially a lot of people bet wrong about what would happen with oil. There is a proposal for how to help the situation based on an report from the ICCT. california-contracts-for-difference_white-paper_icct_102016
Source: Lost Generation: ICCT’s financing scheme to jump start advanced biofuels at scale : Biofuels Digest