Sentences with phrase «ethanol tax credit»

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.

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.

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.

RE: Hunger, farmer, religious and development organizations oppose extension of ethanol tax credits.

The modern ethanol industry is a creation of Congress; the Renewable Fuels Standard (RFS), the ethanol tax credit, and a tariff on imported ethanol were all responsible for creating the ethanol industry we see today.

It's now all but certain that the ethanol tax credit will expire at the end of the year, and the ethanol producers continue to claim credit for «giving it up» despite that it was obviously lost due to larger political considerations, and the fact that they lobbied initially for its extension and then eventually for a substitute which would have still funneled money into their industry.

The dispute is over conservative support for a bill that would repeal the ethanol tax credit, which has the effect of raising an industry specific tax.

For example, I worked with environmental groups to help end the ethanol tax credit, and I work with them now to develop the case for eliminating the ethanol mandate.