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Reuters: U.S. ethanol production would drop a modest amount if tax incentives costing $6 billion a year are eliminated, a think tank at Iowa State University said on Tuesday. The incentives -- a 45-cent a gallon excise tax credit for U.S.-made ethanol and a 54-cent a gallon tariff on imports -- are scheduled to expire at the end of the year. Almost all fuel ethanol is distilled from corn Imports would remain at low levels if the tariff is removed, said the study by the Center for ......
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Little impact if U.S. ethanol tax breaks end: Study
Posted by Washington Post: Juliet Eilperin on July 20th, 2010
Posted in Water Conservation