Articles tagged with: VEETC
(Senator Chuck Grassley) Senators Chuck Grassley of Iowa and Kent Conrad of North Dakota today introduced bipartisan legislation to update ethanol tax policies in an effort to boost domestic energy production and increase America’s energy independence …
by Jim Snyder (Bloomberg) …Senators Dianne Feinstein, a California Democrat, and Tom Coburn, an Oklahoma Republican, said the 45-cent credit, which is given to oil refiners for each gallon of ethanol they blend with gasoline, was unjustified …
(Milken Institute Global Conference) With oil prices spiking and concern over climate change growing, biofuels hold tremendous appeal. But they must overcome considerable hurdles. Further process and technology refinements are needed to ensure that biofuels …
(AlbertLeaTribune.com) Get ethanol at the pumps.
That’s what the farmer owners of the Poet Glenville ethanol plant told Sen. Al Franken they would like to see. The comments came during a meeting Wednesday at the plant.
“We …
by Tyler Ellyson (Columbus Telegram) Robeson, general manager of Frontier Co-op in Brainard, considers the corn-based fuel to be the crutch that the Midwest and Nebraska economies leaned on during the recent recession — keeping …
by Kate Galbraith (New York Times) Cellulosic ethanol could be poised for a surge — finally.
Around the country and especially in the Midwest, a number of proposed plants that would turn corn cobs, wheat …
(Novozymes) The United States has a lot riding on the success of its biofuel industry – energy independence, job creation, and environmental stewardship. But really, how far is the country in achieving its goals? There …
(OPIS) …According to sources familiar with the proposal, the Renewable Fuels Association, Growth Energy, the American Coalition for Ethanol and the National Corn Growers Association (NCGA) have agreed to phase down the current 45 cts/gal …
By Juliane von Reppert-Bismarck (Reuters/Forexyard) European bioethanol producers will decide by the end of March whether to file a legal complaint with the European Commission over U.S. subsidies, the EU’s main bioethanol lobby said.
Producers such …
(IowaPolitics.com) Floor Speech of Sen. Chuck Grassley Ethanol and Energy Independence Delivered Monday, March 07, 2011
…We must look to alternative and renewable resources so we can improve our energy and national security.
This includes supporting energy …
by Matt Hartwig (Renewable Fuels Association/Baltimore Sun) The Sun may have cut back its foreign bureaus, but your editorial writers (“End subsidies for corn-based ethanol,” March 14) must still be aware of the turmoil in …
(Wallaces Farmer) …NCGA (National Corn Growers Association) delegates attending the meeting in Tampa, Fla., adopted ethanol policy that states “NCGA supports reforming existing ethanol tax policy. Ideas to replace existing tax law, in the following priority …
by Robert E. Kozak (Advanced Biofuels USA) With the oil industry, a 150-year old mature enterprise, still receiving at least 2.5 times the subsidies of the renewable fuel industry ($72 billion 2002-2008, Environmental Law Institute …
by Jim Lane (Biofuels Digest) …Tom Buis, CEO, Growth Energy: “Anyone who blames ethanol for pain at the pump simply hasn’t looked at the market, where ethanol is historically cheaper than gasoline. In fact, ethanol …
by Matt Kelley (Radio Iowa) At a political event in central Iowa last night, former Louisiana Governor Buddy Roemer promised to end ethanol subsidies if he’s elected president. Roemer’s comment didn’t wow the crowd in …
by Jim Lane (Biofuels Digest) In Washington, a coalition of 90 organizations urged Congress to let the refundable Volumetric Ethanol Excise Tax Credit (VEETC) expire and to resist calls for spending on infrastructure for conventional …
by Todd Neeley (The Progressive Farmer) …(P)ressure from rising corn prices at the start of 2011 is expected to test ethanol producers’ ability to manage risk. …Rabobank said ethanol would remain profitable with corn …
(Farm Futures) Iowa Senator says what’s fair for oil should be fair for ethanol.
…During a speech on the Senate floor, Grassley said, “I’d like to remind my colleagues of a debate that we had earlier …
(Newsweek) Republican Sens. Jim DeMint of South Carolina and Tom Coburn of Oklahoma were Tea Partiers before the term existed.
…Now they’ve found a new, eminently worthy target: The 7 billion taxpayer dollars that annually go to …
by Brian Hansen (Platts) Republican leaders in the US Congress said Tuesday after a private meeting with President Barack Obama that they plan to focus on tax issues before legislators adjourn for the year, but …
by Bob Dinneen (Renewable Fuels Association) Letter to the Editor, Chicago Tribune, Re: Dennis Byrne’s column “Time to stand up to ethanol interests.”
…First, Byrne’s facts and figures are accurate for the tax credits for domestic ethanol …
(Chicago Tribune/AP) A decision by Congress on whether to extend or gradually phase out a tax credit to oil companies and refiners to blend ethanol with gasoline could make or break some of Indiana’s 12 …
by Matt Hartwig (Renewable Fuels Association) Earlier this week, Iowa State University Professor Bruce Babcock released a policy brief entitled “Impact of Ethanol, Corn, and Livestock from Imminent U.S. Policy Decisions.” Much of this analysis …
by Geoff Cooper (Renewable Fuels Association) Ethanol prices have strengthened over the past several months in response to higher corn prices and growing ethanol demand. Some have attempted to single out the escalation in ethanol prices …
by Todd Neeley (Progressive Farmer) In the eternal mudslinging between supporters and opponents of biofuels, “subsidies” are one of the opponents’ biggest and most painful mud balls.
“If ethanol is such a good idea, why does …
By Cindy O’Connor (Advanced Biofuels USA)The Washington DC, September 30 briefing topic was why the Volumetric Ethanol Excise Tax Credit (VEETC) should not be renewed.
The first speaker, Dr. Harry de Goerter, Cato Fellow and Professor, …
by Sasha Lyutse (Natural Resources Defense Council) …
As a result, the VEETC has not only concentrated the ethanol industry in just a handful of states, but siphoned scarce resources away from more competitive biofuel technologies …
by Robert Rapier (Consumer Energy Report/R Squared Energy Blog) …Reader Paul Nash came up with a specific plan…
Specific Recommendations
Scrap the VEETC (since there is a mandate already and it expires at the end of 2010).
Maintain …
(Growth Energy) The New York Times’ July 29th Editorial “Energy Subsidies – Good and Bad,” mischaracterizes Growth Energy’s proposal to open the American transportation fuels market and fails to acknowledge the technological advancements that have made …
by Joe Ruff (Omaha World Herald) It’s time for the federal government to move beyond offering tax credits to companies that combine ethanol with gasoline, said the CEO of the fourth-largest ethanol producer in the country.
Instead, …
by John M. Urbanchuk (ENTRIX/The Hill) In his July 27 blog posting “The economics of U.S. ethanol policy” Professor Bruce Babcock of Iowa State University reports the results of new research suggesting that allowing the current …
(Renewable Fuels Association) In its editorial (“It’s time to end the excessive subsidies for corn ethanol,” 7/24/2010), the Post failed to provide its readers any context, misled them about the nature of U.S. ethanol production, …
by Jay Heflin (The Hill)
A new study by the Center for Agricultural and Rural Development shows a reduction in the ethanol tax credit proposed by the House Ways and Means Committee and removing tariffs on …
(Grainnet) The Green Scissors campaign, a diverse coalition of taxpayer, environmental and consumer groups, released July 22 Green Scissors 2010, a report highlighting government programs and subsidies that are wasteful to taxpayers, harmful to the environment …
by Jim Lane (Biofuels Digest) …Two new data points have been introduced. A Congressional Budget Office report on the ethanol tax credit, and a report from Bruce Babcock et al at Iowa State, funded by …
by Bruce A. Babcock, Kanlaya J. Barr, Miguel Carriquiry (Center for Agriculture and Rural Development, Iowa State University) The U.S. ethanol industry is lobbying hard for an extension of existing ethanol import tariffs and blenders …
by Jim Lane (Biofuels Digest) Growth Energy, the Renewable Fuels Association, the Environmental Working Group, the Grocery Manufacturers Association, the Natural Resources Defense Council, the American Meat Institute, and several members of congress are among …
(Growth Energy) Growth Energy, a coalition of U.S. ethanol supporters, today called for the redirection and eventual phasing out of government support for ethanol in return for a level playing field – infrastructure investments that will …
by Robert Rapier (Forbes) …In order to better understand the intricacies of the issues involved, I have been engaged in dialogue with a number of industry groups and economists. Here I will try to shed …
by Mark (Corn Commentary) …The next issue can already be seen on the horizon and it can be seen clearly because it is not a “new” criticism. It is called the Volumetric Ethanol Excise Tax …


