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Keyword: ethanolsubsidy

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  • Congress ends corn ethanol subsidy

    12/28/2011 9:29:12 AM PST · by Ernest_at_the_Beach · 37 replies · 1+ views
    watts up with that? ^ | December 28, 2011 | Anthony Watts
    Interesting timing, especially when some biomass companies are switching from wood chips to corn, because they couldn’t turn a profit on wood chips. Looks like all the wheels are coming off the bus now.To Survive, Some Biofuels Companies Give Up on Biofuels – Technology Review Gevo, a prominent advanced-biofuels company that has received millions in U.S. government funding to develop fuels made from cellulosic sources such as grass and wood chips, is finding that it can’t use these materials if it hopes to survive. Instead, it’s going to use corn, a common source for conventional biofuels. What’s more, most of...
  • Farm-State Senators Agree to End Ethanol Tax Breaks in July

    07/09/2011 7:47:47 AM PDT · by bigbob · 22 replies
    SFGate ^ | 7-7-11 | Alan Bjerga, Jodi Schneider, Ann Hughey
    Senator Dianne Feinstein, a California Democrat, said she has reached an agreement with two farm-state lawmakers to end ethanol subsidies July 31. Feinstein's agreement with Senators Amy Klobuchar, a Minnesota Democrat, and John Thune, a South Dakota Republican, would end a 45-cent-a-gallon ethanol blender tax credit and a 54-cent-a-gallon tariff on ethanol imports that are scheduled to expire Dec. 31. The lawmakers said the proposal, announced today, would reduce the federal budget deficit by $1.33 billion.