The 45 - cents - a-gallon ethanol tax credit expired in 2012, but before it died it was increasing carbon emissions by five million tons every year, at a cost of $ 5.26 billion. (freebeacon.com)
In June 2011, the ethanol industry voluntarily ended the main corn ethanol tax credit, known as the VEETC, as well as the ethanol import tariff. (greentechmedia.com)
Western Biomass Energy LLC, a subsidiary of Blue Sugars Corporation (previously KL Energy) reported the major milestone of claiming the first cellulosic ethanol tax credits under the RFS2 for a 20,069 gallon batch of cellulosic ethanol produced from bagasse (sugar cane waste) in April 2012. (energytrendsinsider.com)