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June 2011 | |  |
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Diverse groups oppose Coburn ethanol amendment
Source : domesticfuel.com
In advance of a vote in the Senate on an amendment to eliminate the Volumetric Ethanol Excise Tax Credit (VEETC) immediately, ethanol interests remain "cautiously optimistic" that the measure will fail. Seven agriculture and ethanol organizations sent a letter to the Senate leadership urging a no vote on the amendment proposed last week by Sen. Tom Coburn (R-OK). In it, the groups note: "As evidenced by the ethanol tax reform legislation recently introduced by a bipartisan group of senators and supported by our nation's ethanol producers, the ethanol industry understands the need for reforming the tax incentive to significantly reduce costs to a more responsible approach that protects the evolution of the industry." Groups signing the letter include the American Coalition for Ethanol, Advanced Ethanol Council, American Farm Bureau Federation, Growth Energy, National Corn Growers Association, National Farmers Union, and the Renewable Fuels Association.
read more ...
22 June 2011 |
Legislation ::
Bioethanol ::
United States & Canada
The information in this section is subject to a disclaimer.
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