Tuesday, February 22, 2011

We have only just begun to realize the benefits of homegrown fuels"


The American political landscape is full of problems and the promotion of biofuels, but the general shift towards more and more in our fuel supply. This is the takeaway point from the U.S. Department of Energy Secretary Steven Chu was admitted to the National Ethanol Conference in Phoenix, AZ recently. Most sharply, Hu said: "We're just beginning to realize the benefits of fuel oil

Hu said earlier all vehicles in the U.S. are able to E85, but that "corn is not the right crop for producing biofuels." Fuels from renewable sources, "said Association President and CEO Bob Dinne in a press conference that" [negative] Hu's comments on our industry is wrong. "Dinne called for a broad debate on the reform proposals to support the production of biofuels appears uncertain economic situation after ethanol producer Magazine:

Changing market incentive to return to the tax cuts of the producer.
Change initiative so that it applies only to mid-level ethanol blends and E85, and fuel produced in the renewable fuels standard is required.
* Transfer of subsidies from production of biofuels and blender pumps and flex-fuel vehicles.
* Based on the results of carbon credits, that "environmentalists prefer."
* Variable tax incentives.

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