Barbara J. Powell • Bloomberg • Posted January 9, 2012
Prices rose as crude oil surged 8.6 percent and as a government subsidy on ethanol expired Dec. 31. The subsidy, enacted in 1978, gave a 45-cent tax credit to refiners for each gallon of the biofuel blended into gasoline. [ read more … ]
PHILIP BRASHER • Des Moines Register • Posted January 9, 2012
The ethanol subsidy may be history, but government policies can still produce crazy economics in the biofuel business. [ read more … ]
Robert Pore • Grand Island Independent • Posted January 9, 2012
For the first nine months of 2011, renewable energy sources – biomass/biofuels, geothermal, solar, water and wind – provided 11.95 percent of domestic U.S. energy production. That compares to 10.85 percent for the same period in 2010 and 10.33 percent in 2009. [ read more … ]
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