RYAN TRACY And JIM CARLTON • Wall Street Jounal • Posted January 3, 2012
The decision puts on hold a major portion of California’s effort to cut greenhouse-gas emissions, at a time when the most-populous state’s stance has taken on extra importance nationwide because of a stalemate in Washington over greenhouse-gas legislation. [ read more … ]
Inae Riveras • Reuters • Posted January 3, 2012
For three decades, the U.S. government sought to protect American corn farmers and ethanol makers from a feared flood of Brazilian imports by imposing a tariff that had the South American country crying foul.
But as the contentious tax finally expires at year-end, American farmers’ fears of being swamped by sugar-based tropical biofuel seem unfounded. With Brazil’s ethanol industry struggling to meet booming local demand, it’s U.S. producers instead who are shipping millions of gallons to the south. [ read more … ]
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