Ethanol Supporters Push for Tax Credits
The Renewable Fuels Reinvestment Act, introduced in the US House by Representatives Earl Pomeroy (D-ND) and John Shimkus (R-IL) last week, would extend ethanol tax credits for another five years. However, backers of ethanol face an uphill battle, as the proposal has both reignited the fuel versus food debate and intensified scrutiny of the EPA’s regulations on the environmental impact of corn-based ethanol. Source: Clean Skies News
