RFA Urges Super Committee to Look at Oil Subsidies
by Cindy Zimmerman (DomesticFuel.com) In a letter to the co-chairs of the Joint Select Committee on Deficit Reduction, the so-called “super committee” assigned to find ways to cut the deficit, the Renewable Fuels Association today urged them to “focus on comprehensive energy tax policy” rather than simply end the ethanol tax credit a week earlier than it is due to expire.
…Instead, RFA encourages the committee to “take a comprehensive look at all existing energy tax policies and eliminate those ongoing policies that serve only to pad the balance sheets of already profitable and very mature industries.” READ MORE READ Letter