Ethanol in crosshairs as tax deadline nears

Posted by Washington Post: Juliet Eilperin on December 3rd, 2010
Agence France-Presse: Ethanol, once seen as an answer to US energy problems, is seeing political support waning as a deadline nears for Congress to decide on extending tax subsidies for the widely used biofuel. US lawmakers have until December 31 to prolong the subsidy, which costs the US government an estimated six billion dollars a year, but the earlier broad support for the fuel from farmers and environmentalists appears to be wavering. Critics say ethanol, made mainly from corn in the United States, has diverted......

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