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  December 2010 


   

Senate deal includes ethanol and biodiesel

Source : domesticfuel.com

A renewal of the ethanol blenders tax credit, reinstatement of biodiesel incentives and help for wind and solar companies have all reportedly made it into the Senate compromise that extends both unemployment benefits and expiring tax cuts. According to the Renewable Fuels Association, the compromise legislation would extend the current Volumetric Ethanol Excise Tax Credit (VEETC) just through 2011 at the current rate of 45 cents per gallon. Additionally, the package with also extend the offsetting tariff on imported ethanol through 2011. Both policies are set to expire at year's end.

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13 December 2010 | Legislation :: Biofuels :: United States & Canada
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Articles from December 2010 (109 articles)


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