Sentences with phrase «cellulosic ethanol tax credits»
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.
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It is important to note that more advanced biofuels still receive tax support: cellulosic ethanol receives $ 1.01 per gallon in tax credits, but that is set to expire at the end of this year.