WorldNetDaily: In a decision anticipated as a major setback for proponents of renewable biofuels, California regulators appear ready to conclude that corn ethanol cannot help the state reduce “global warming.” In a hearing scheduled tomorrow in Sacramento, the California Environmental Protection Agency has evidently concluded that corn ethanol will not help the state implement Executive Order S-1-07, the Low Carbon Fuel Standard, signed by Gov. Arnold Schwarzenegger Jan. 18, 2007, mandating a 10 …