It’s a Critical Time for Ethanol

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July 30, 2010

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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, he said, government incentives are needed for companies that install special pumps at gas stations and design cars capable of handling higher amounts of the fuel additive.

“Let’s build the infrastructure,” said Todd Becker of Green Plains Renewable Energy in Omaha. “Roads, rail, pipelines — all had some kind of tax incentives or loan guarantees. It’s happened in every single industry, even semiconductors.

“We believe the industry needs to grow up and the blender credit needs to go away. But we need to be able to get our fuel to the marketplace.”

…“We want access to the market equally with the oil companies,” he said. READ MORE

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