(Los Angeles Times) The five so-called "super major" oil companies -- Exxon Mobil, Royal Dutch Shell, ConocoPhillips,Chevron and BP-- have just wrapped up their fourth quarter earnings reports, but not without inspiring disdain over how they made those billions in profits and over what they
oil subsidies
Back TO HOMEA Conservative’s Search for Solutions to Climate Change: Speaking with Former Congressman Robert Inglis
(Univerisity of Chicago/Energy Policy Institute at Chicago) By all outward appearances, former South Carolina Congressman Bob Inglis is a conservative’s conservative. ...At a lecture sponsored by the Energy Policy Institute at Chicago (EPIC), Mr. Inglis said he believed that in order
February 05, 2012 Read Full Article
Bernie Sanders Pledges Legislation Ending 'Absurdity' of Federal Fossil Fuel Subsidies
by Mat McDermott (TreeHugger) We just learned, based on IEA calculations, if all fossil fuel subsidies were eliminated it would result in greenhouse gas emission cuts deep enough to get us halfway to preventing dangerous climate change. Indeed, cutting fossil fuel subsidies has
January 27, 2012 Read Full Article
Obama Calls for End to Oil Subsidies
by Cindy Zimmerman (DomesticFuel.com) In his State of the Union address Tuesday night, President Obama voiced strong support for renewable energy and an end to oil subsidies. “We have subsidized oil companies for a century. That’s long enough,” the president
January 25, 2012 Read Full Article
Scrapping Fossil-Fuel Subsidies Would Get Us Halfway There on Climate Change
by Ezra Klein, Brad Plumer (The Washington Post) ...In 2010, the world spent $409 billion on fossil-fuel subsidies to artificially lower the price of coal, gas and oil. Eliminating those subsidies would curb fuel use and lead to half the
January 23, 2012 Read Full Article
A Plan for the Future of Biofuels in America or The Real Economics of Fuels (Bio and Otherwise)
by Robert E. Kozak (Advanced Biofuels USA) In last days of the 2011 session the US Congress, with a job approval rating of 11% , cancelled the VEETC ethanol subsidy and dropped the tariff on Brazilian ethanol imports. These major events
January 19, 2012 Read Full Article
Tell Them Willie and Ike Are Here
by Jim Lane (Biofuels Digest) ...Brooke Coleman, executive director of the Advanced Ethanol Council, turned attention to free market principles and market access, after the New York Timesran astory on cellulosic biofuels mandates, titled “A Fine for Not Using a Biofuel
January 13, 2012 Read Full Article
Ethanol Remains a Bargain
by Geoff Cooper (Renewable Fuels Association) ...In recent weeks, many headlines have trumpeted the argument that gas prices will be higher as a result of expiration of the VEETC. As is often the case, a quick review of the facts
January 12, 2012 Read Full Article
National Cattlemen's President-Elect Says Group Is Not Opposed to Ethanol
by Heather Thornstensen (AgriNews) While they had a leader from the National Cattlemen's Beef Association at their recent annual convention, the Minnesota State Cattlemen's Association brought together a panel to discuss whether the ethanol and cattle industries can co-exist. ..."As I
January 09, 2012 Read Full Article
FORUM: Ethanol Needs Infrastructure in Absence of Tax Credit
by Doug Sombke (Rapid CityJournal/South Dakota Farmers Union) ...What the ethanol industry needs now is investment in improved infrastructure to get ethanol closer to being equal in the marketplace with regular gasoline. For decades, big oil companies have enjoyed billions of
January 09, 2012 Read Full Article
World Subsidies for Fossil Fuels 5x Larger than for Renewables
(ELMIA/World Bioenergy) Something is wrong in the world of energy subsidies. According to statistics gathered by the International Energy Agency (IEA) the worldwide subsidies to fossil fuel consumption in 2009 amounted to no less than 300 billion USD, while at
January 06, 2012 Read Full Article
Looking at Life Without an Ethanol Subsidy
(Farm Futures) Failure to renew the Volumetric Ethanol Excise Tax Credit will create a new world for the industry. ...What many consumers don't realize is that the tax credit didn't go to ethanol plants, it went directly to oil companies as
December 29, 2011 Read Full Article
Biofuel, Renewable Chemical Advocates Push Reliable Tax Incentives, S. 1764
by Jeanne Roberts (Energy Boom) On Wednesday, December 14, representatives from the nation’s biofuels, renewable chemicals and biobased products industries provided written testimony to a U.S. Senate Finance Subcommittee aimed at insuring the smooth continuation of various biofuel tax incentives due
December 27, 2011 Read Full Article
Four Days in the Algae Epicenter: A Review of the Algae Biomass Summit and the State of the Industry
by Luke Geiver (Biorefining Magazine) ...Spending four days in Minneapolis amidst the largest and most impressive gathering of algae experts in academia, private business and government institutions, would convince anyone that in the algae industry today there is a whole
December 10, 2011 Read Full Article
Level the Playing Field for All Energy Sources
(25 x '25) Amid the political clamor surrounding congressional efforts to cut federal spending over the next decade and reduce the nation’s deficit, the ethanol industry has conceded that a seven-year subsidy benefiting the sector will end Dec. 31. ...Elsewhere, Congress
December 09, 2011 Read Full Article
A New Era For Biofuels
by Bret Korsgaard (SeekingAlpha) …Companies like Solazyme (SZYM), KiOR (KIOR), GEVO (GEVO), Amyris (AMRS) and Codexis (CDXS) were generally met with favorable terms in the public markets. The Street seemed to acknowledge that for a time, such public enterprises could
December 08, 2011 Read Full Article
Asian Palm-Based Biofuel May Struggle in U.S.
by Niluksi Koswanage (Reuters) Indonesian palm-based biodiesel shipments seeking a foothold in the United States will face stiff competition from feedstocks such as corn oil and waste oils, which will become cheaper as more supplies hit the market, a top
December 06, 2011 Read Full Article
Clean-Energy Policies Create Jobs, and Congress Should Take Note
(The Boston Globe) Editorial: ...But Solyndra’s subsequent failure isn’t a sign that the administration has gone too far; rather, it’s a sign that Congress, which tolerates all manner of explicit and implicit subsidies for fossil fuels and corn ethanol, hasn’t
December 05, 2011 Read Full Article
Bill Gates Calls for Massive Increase in Energy Research
by Martin LaMonica (CNET News) Even though it's supposed to be a time of federal fiscal austerity, Bill Gates says its time to double down on energy research. The software industry icon and philanthropist on Friday published an editorial in Science calling
December 05, 2011 Read Full Article
An Unfair Fight for Renewable Energies
by Arnold Schwarzenegger (The Washington Post) OpEd: More energy from the sun hits Earth in one hour than all the energy consumed on our planet in an entire year. In those terms, it is absurd that our federal government spends tens
December 05, 2011 Read Full Article
Ethanol Margins to Fall: Blender Credit Will Expire at Year's End
by Dan Piller (Des Moines Register) Ethanol producers will lose about 25 to 30 cents per gallon on operating profits when the tax credit for blenders goes away after Dec. 31. ...(Walt) Wendland, who also is president of the Iowa Renewable Fuels
November 29, 2011 Read Full Article
Fossil Fuel Subsidies Six Times More Than Renewable Energy
by Ben Sills (Bloomberg) Fossil-fuel consumers worldwide received about six times more government subsidies than were given to the renewable-energy industry, according to the chief adviser to oil-importing nations. State spending to cut retail prices of gasoline, coal and natural gas
November 10, 2011 Read Full Article
Oil and Gas Had Help. Why Not Renewables?
by Robert B. Semple, Jr. (New York Times) ...The federal government has always been in the energy business, and with good reason. Private capital may be good at identifying and incubating new technologies, but bringing those technologies to commercial scale
November 04, 2011 Read Full Article
Ethanol Industry Left Out of Hearing Again
by Cindy Zimmerman (DomesticFuel.com) The House Committee on Science, Space and Technology’s Subcommittee on Energy and Environment is holding a hearing today (November 2, 2011) on “Conflicts and Unintended Consequences of Motor Fuel Standards” with a witness list that the ethanol
November 03, 2011 Read Full Article
The Uncertain Tomorrow
by Ron Kotrba (Biodiesel Magazine) Expiring biofuel tax credits and a dysfunctional Congress ...But given Congress subsidizing an obviously profitable oil industry, coupled with subjecting biofuels to stringent GHG emissions reductions while the petroleum industry has none, in addition to expiring
October 31, 2011 Read Full Article
Harry Reid: Renewables 'Wiser' than Keystone
by Darren Goode (Politico) Senate Majority Leader Harry Reid has told Secretary of State Hillary Clinton he has “serious concern” about TransCanada’s proposed Keystone XL pipeline. Reid — in an Oct. 5 letter to Clinton first reported on by The Washington Post —
October 28, 2011 Read Full Article
LETTER TO THE EDITOR: Ethanol Cuts Dependence, Pollution
by John R. Block (The Washington Times) As Secretary of Agriculture during the Reagan administration, I helped the American ethanol industry take off. Imagine my surprise to read an editorial in The Washington Times (“Corn-fueled politics,” Oct. 17) contending that American
October 28, 2011 Read Full Article
Algae Confronts Its Destiny and Identity, at ABO Summit
by Jim Lane (Biofuels Digest) ...ABO 2011 has offered an opportunity to consider the progress that the algal biomass sector has made in its race for commercial-scale, to marvel at the proliferation of robust business models, and to sneak a
October 27, 2011 Read Full Article
Dems Press Supercommittee to Go after Oil subsidies
by Ben Geman (The Hill/E2Wire) The latest effort came in a Friday letter from 38 members, spearheaded by Reps. Earl Blumenauer (D-Ore.) and Peter Welch (D-Vt.), that argues “the United States can no longer afford to give away billions of
October 20, 2011 Read Full Article
Richard Branson Calls for Greener Tax Regime
(Business Green) Billionaire warns of “mother of all recessions” unless investment in renewable energy increases Sir Richard Branson has called on world leaders to drive a green economic recovery, warning that without measures to drive greater investment in renewable energy the
October 12, 2011 Read Full Article
OECD and IEA Recommend Reforming Fossil-Fuel Subsidies to Improve the Economy and the Environment
(International Energy Agency) Governments and taxpayers spent about half a trillion dollars last year supporting the production and consumption of fossil fuels. Removing inefficient subsidies would raise national revenues and reduce greenhouse-gas emissions, according to OECD and IEA analyses. The G-20
October 12, 2011 Read Full Article
International Groups Urge Ending Fossil Fuel Subsidies
by Cindy Zimmerman (DomesticFuel.com) Two international organizations are recommending reform of fossil-fuel subsidies to improve the economy and the environment. An analysis by the International Energy Agency(IED) and the Organisation for Economic Co-operation and Development (OECD) found that governments and taxpayers spent
October 12, 2011 Read Full Article
Memo to Congress and Candidates: American Biofuels Boost Job Creation
by Bob Dinneen (Renewable Fuels Association/The Hill's Congress Blog) ...Many quintessentially American industries with proven records of job creation hold the promise of exponential job growth if given a chance. American ethanol is one such industry, and it deserves a
October 06, 2011 Read Full Article
The Subsidy Debate: Oil vs. Ethanol
by Kate Bechen and Porter J. Martin (Ethanol Producer Magazine) ...But what often is missing in criticisms of ethanol is an acknowledgement that the oil industry significantly benefits from a variety of tax credits, incentives and other publicly-funded subsidies. Bloomberg
September 28, 2011 Read Full Article
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
September 28, 2011 Read Full Article
World Bank: Ditch Fossil Fuel Subsidies to Address Climate Change
by John Vidal (The Guardian) Leaked World Bank documents propose that rich countries should eliminate the $50bn a year they give in fossil fuel subsidies, in order to financially help poor countries address climate change. The documents, due to be presented to the
September 26, 2011 Read Full Article
Congress Needs Courage to End Oil, Gas Subsidies
by Ryan Alexander (Taxpayers for Common Sense/Seacoastonline.com) ...For 16 years, Taxpayers for Common Sense has been advocating for the elimination of federal spending that does not deliver a fair return to taxpayers. Topping our list are a menu of tax
September 19, 2011 Read Full Article
Reigniting Subsidy Debate, Obama Takes on Oil, Gas
by Amy Harder (National Journal) President Obama on Monday (September 12, 2011) asked Congress to end subsidies for all oil and gas companies, which could save the government more than $4 billion a year, to help pay for his jobs
September 14, 2011 Read Full Article
Keystone BioFuels Paves Way for Evolving Fuel industry
Monica Von Dobeneck (The Patriot-News /PennLive.c0m) Ben Wooten is doubling his workforce, quadrupling his space and increasing his production tenfold at his Keystone BioFuels in Lower Allen Twp. Not bad in a stagnant economy, he said. Wooten said government
September 12, 2011 Read Full Article
An 'Energy Policy' Bought and Paid for
(Ocala.com) Editorial: Here's what's wrong with America's energy "policy." Reeling under a crippling deficit, Congress steadfastly refuses to eliminate lucrative tax breaks and subsidies for the most profitable companies in the world — the oil and gas industries. And never mind
September 07, 2011 Read Full Article
Spurious Claims
by Ron Kotrba (Biorefining Magazine) ...I told him I’m the editor of two monthly magazines centered on renewable fuels and chemicals. He sort of scoffed, and I knew we were going to get into “the discussion.” He led into our talk
August 24, 2011 Read Full Article
Ethanol Industry Weighs Options
by Joseph Morton (World Herald Bureau/Omaha.com) The ethanol industry is preparing itself for life after federal subsidies. Key tax credits that pay blenders for using the renewable fuel are set to expire at the end of 2011. At a cost to
August 18, 2011 Read Full Article
Washington’s New Era
by Bob Dinneen (Renewable Fuels Association/Ethanol Producer Magazine) ...But the mischief that lawmakers are hiding behind a veil of budget concern extends far beyond the tax credit for ethanol blending. Using the appropriations process, lawmakers from the oil patch and elsewhere
August 17, 2011 Read Full Article
Franken Visits Farmfest
by Janet Kubat Willette (AgriNews.com) Expect direct payments to take a hit in the next farm bill, Sen. Al Franken told a Farmfest audience Aug. 3. The Minnesota Democrat said the super committee of 12 Congresspeople could shape the new farm bill
August 11, 2011 Read Full Article
Green Groups: ‘Supercommittee’ Should Repeal Oil Industry Tax Breaks
by Andrew Restuccia (The Hill/E2Wire) A dozen environmental groups Tuesday told congressional leaders that lawmakers who support slashing oil industry tax breaks and other subsidies should be appointed to the deficit-cutting “supercommittee.” In a letter, the groups urged the 12-member panel to come
August 10, 2011 Read Full Article
OVERNIGHT ENERGY: Dems Face Uphill Battle on Oil Tax Breaks
by Andrew Restuccia and Ben Geman (The Hill/E2Wire) ...Some Democrats are acknowledging that their push to strip billions of dollars in oil-and-gas industry tax breaks through the debt-ceiling deal faces big hurdles. Democrats see the bipartisan special committee tasked with finding
August 03, 2011 Read Full Article
Imported Oil Driving U.S. Trade Imbalance
(Hoosier Ag Today/NAFB News Service) As Congress debates how much money the federal government can borrow, America continues to take out loans from China to buy oil from Venezuela. Recent U.S. Census Bureau data indicates that the United States' appetite for
August 02, 2011 Read Full Article
US Debt Deal: Biofuels Industry Reaction
by Jim Lane (Biofuels Digest) Brian Jennings, Executive Vice President of the American Coalition for Ethanol “ACE and our members are disappointed that the ethanol compromise was not included in the final debt limit deal just because some in Congress
August 02, 2011 Read Full Article
Energy Programs Prepare for Debt Deal Pain
by Darren Goode & Darren Samuelsohn (Politico) Popular energy and environmental programs should prepare for a decade of spending cuts under the debt deal reached late Sunday between the White House and congressional leaders. Less clear, however, is the effect that
August 01, 2011 Read Full Article
Imported Oil Driving U.S. Trade Imbalance; Domestic Ethanol, Feed Providing Some Counterbalance
(Renewable Fuels Association) America’s trade deficit is growing and one reason for that is our crippling dependence on imported oil. According to U.S. Census Bureau data, our appetite for foreign oil accounted for 60% of the nation’s $50 billion trade
August 01, 2011 Read Full Article
Advocates Pay to Tout Oil, Debt Agendas at Iowa Straw Poll
by Jennifer Jacobs (Des Moines Register) An air-conditioned “igloo” paid for by the Iowa Energy Forum will rise up from the straw poll campus in Ames next month, an attraction meant to woo Iowans’ affection with free treats, kids’
August 01, 2011 Read Full Article
Woodside Says Ethanol Industry Willing to Give Back Tax Break for Debt Reduction
by Lori Potter (Kearney Hub) The ethanol industry is willing to immediately give up $1.3 billion in tax breaks for federal debt reduction. However, that probably can’t happen unless authorizing legislation is attached to a successful debt ceiling-budget reduction bill, said
July 25, 2011 Read Full Article
Klobuchar Calls Out Oil Companies to Give Up Subsidies
by Larry Bivins (SCTimes) Sen. Amy Klobuchar urged oil companies Tuesday to follow the lead of the ethanol industry and give up government subsidies to help defray the nation’s burgeoning deficit. In a speech on the Senate floor, Klobuchar
July 13, 2011 Read Full Article
Oil Incentives Have to Be Talked about, Too, by the Candidates
by Walt Wendland (Des Moines Register/Iowa Renewable Fuels Association) ...When presidential candidates have discussed reforming the ethanol incentive, several news articles called this either "bold" or "risky" in Iowa. These stories operated under the assumption that support for the
July 01, 2011 Read Full Article
Obama: Slash Oil Industry Tax Breaks as Part of Debt Deal
by Andrew Restuccia (The Hill/E2Wire) President Obama pressed lawmakers Wednesday to cut a slew of oil industry tax breaks as part of a deal to raise the debt ceiling, arguing that the alternative is to slash funding for education, medical
June 30, 2011 Read Full Article
Issue Brief: Fossil Fuel Subsidies: A Closer Look at Tax Breaks, Special Accounting, and Societal Costs
(Environmental and Energy Study Institute) EESI published an issue brief on policies that subsidize the production of fossil fuels (coal, oil, natural gas). In recent years, major international institutions such as the G20, International Energy Agency, and the Organization of
June 30, 2011 Read Full Article
Santorum Tells Iowa Farmers He Would End Ethanol Subsidies
by William Petroski (Des Moines Register) ...Santorum, who is seeking the Republican presidential nomination, said he advocates phasing-out the existing tax incentive for ethanol production, commonly known as the blenders’ credit, by reducing the credit 9 cents annually over each
June 29, 2011 Read Full Article
Editorial: Cut the Ethanol Subsidy, But Be Fair
(StarTribune) Why is one fuel being targeted but another -- oil -- isn't? ...The best way to pay down the nation's $14.3 trillion debt? "Reducing wasteful spending a billion dollars at a time,'' Coburn said. Coburn has a point about the ethanol
June 27, 2011 Read Full Article
EPA Proposes 15.2 Billion Gallon Biofuel Mandate for 2012; 50 Percent Jump in Advanced Biofuels
by Jim Lane (Biofuels Digest) ...EPA proposes to mandate the blending of 15.2 billion gallons of renewable fuel into the US fuel supply, and increased the proposed mandate for advanced biofuels by 48 percent, to 2 billion gallons. ...The proposed 2012
June 27, 2011 Read Full Article
Next Decade of Oil Companies' Tax Breaks Worth $44 Billion
(Associated Press) Oil companies' tax breaks, if left in place, would cost the U.S. Treasury $44 billion over the next decade. President Obama wants to eliminate the cost, and a Senate proposal would eliminate them only for the five biggest
June 17, 2011 Read Full Article
Obama Administration Signals Higher Gas Royalties on Public Lands — and Anticipated Industry Resistance
by Evan Bush (iwatchnews) In election year, Interior Department may take on a popular target: Big Oil The Obama administration may be readying for a fight with the energy industry as it prepares to raise royalty charges for oil and gas
June 17, 2011 Read Full Article
Senate Approves Cut in Ethanol Subsidies
by Steven Mufsonand Lori Montgomery (The Washington Post) The Senate on Thursday approved an amendment that would end tax credits for ethanol that refiners blend into motor fuel in a vote closely watched as a sign of whether Congress can
June 17, 2011 Read Full Article
Cantor: Tackle Energy Subsidies in Tax Reform Plan, Not Debt Talks
by Russell Berman (The Hill/E2Wire) House Majority Leader Eric Cantor (R-Va.) said Monday that the elimination of energy subsidies should be considered as part of a comprehensive tax reform package rather than the debt reduction talks that Vice President Biden
June 14, 2011 Read Full Article
Fuel Retailer Opposes Thune/Klobuchar Bill
by Joanna Schroeder (DomesticFuel.com) Earlier today, Sens. John Thune (R-SD) and Amy Klobuchar (D-MN) created waves when they announced their new biofuels bill the Ethanol Reform and Deficit Reduction Act. This act is designed to address federal budget issues while phasing
June 14, 2011 Read Full Article
Filmmaker Puts His Energy behind a Coal-Mining Movie
by Mark Jenkins (The Washington Post) Bill Haney devotes only one-third of his time to filmmaking. But at this precise moment, he’s 100 percent focused on “The Last Mountain,” his documentary about the coal-mining technique known as “mountaintop removal.’’ The movie covers
June 03, 2011 Read Full Article
The Politics of Tax-and-Blend
by Jim Lane (Biofuels Digest) ...Instead of simply not collecting a portion of the fuel tax, the consumer is charged the whole amount, which is collected by the gas station and paid to the government. The government analyzes all this.
June 02, 2011 Read Full Article
Senate Dems to Biden: Deficit Deal with GOP Must Kill Oil Industry Tax Breaks
(The Hill/E2Wire) Twenty Senate Democrats are ramping up political pressure on the White House to ensure that any deficit-reduction deal with Republicans strips billions of dollars in tax breaks for major oil companies. The group — led by Sen. Robert Menendez
June 01, 2011 Read Full Article
Stop Moving the Goal Posts, and Two More Principles for an Advanced Ethanol Policy that Works
by Brooke Coleman (Advanced Ethanol Council/Biofuels Digest) ...Often lost in the counter-productive and backward-facing public obsession with corn ethanol are the clear attributes of the ethanol molecule itself. A recent study, “Ethanol – the Primary Renewable Liquid Fuel,” makes the case
May 31, 2011 Read Full Article
Ethanol Subsidy Phaseout is Necessary, Pawlenty Says
by Jason Clayworth (Des Moines Register/Juice) What once would have been considered a bold, even politically suicidal, call to do away with ethanol subsidies has become the position of some key industry trade groups, paving the way for candidates like
May 24, 2011 Read Full Article
Should Government Keep Financially Supporting Ethanol? (The Debate 5/23-5/27)
(Minnesota Public Radio News) The Assertion: The state and federal government should continue subsidizing ethanol Ethanol's promise as America's path to energy self-sufficiency once seemed strong. But in recent years, that attraction has been tempered. Even supporters of ethanol, such as
May 23, 2011 Read Full Article
Vote to Hike Taxes on Oil Fails in Senate, 52-48; Dems Vow to Revive It
by Andrew Restuccia (The Hill/E2Wire) The Senate on Tuesday rejected a bill that would have ended $21 billion worth of tax breaks for large oil companies, but Democrats vowed to revive the measure as part of high-stakes negotiations on the
May 18, 2011 Read Full Article
Senate Dems Say Ending Big Oil Tax Breaks Will Not Affect Fuel Prices
by Alexander Bolton (The Hill/E2Wire) Senate Democrats stepped up their push to repeal tax breaks for major oil companies Friday by unveiling a report showing that it would not affect gas prices. The report by Congress’s Joint Economic Committee found
May 16, 2011 Read Full Article
Tim Johnson Calls for End to Oil Subsidies; Thune Disagrees
by Denise Ross (The Daily Republic) Sen. Tim Johnson, D-S.D., called for an end to taxpayer subsidies for oil and natural gas companies Wednesday, saying instead the United States should invest in further ethanol production and improving the infrastructure
May 12, 2011 Read Full Article
National Farmers Union Calls for End to Oil Industry Subsidies
by Julie Harker (Brownfield) National Farmers Union President Roger Johnson is calling on Congress to end tax subsidies for the oil industry and investing that money, instead, in biofuels. In his letter sent to US House and Senate leaders, Johnson said,
May 11, 2011 Read Full Article
Ohio’s Sen. Brown Floats Oil Tax-Break Repeal Plan
by Ben Geman (The Hill/E2Wire) Sen. Sherrod Brown (D-Ohio), who is likely to face a tough reelection battle next year, floated plans Monday to kill billions of dollars' worth of oil industry tax breaks. Democratic plans to end tax incentives and
May 10, 2011 Read Full Article
Democrats See Strategy to End Big Oil Tax Breaks
by Carl Hulse (New York Times) Linking two of the politically volatile issues of the moment, Senate Democrats say they will move forward this week with a plan that would eliminate tax breaks for big oil companies and divert the savings
May 09, 2011 Read Full Article
Dems To Force Vote On Oil Subsidies
by Elise Foley (Huffington Post) Eager to prove that Republicans don't want to end oil subsidies despite public GOP opposition, House Democrats plan to force a voteThursday on a measure that would block a major tax break for the five largest
May 04, 2011 Read Full Article
Reducing Oil Dependence and Creating a Better Environment: The Promise of a Bio-Based Society
by Steen Riisgaard (Huffington Post Green) ...More complicated types of biomass -- corn cobs, wood chips, waste paper -- are far more difficult to turn into energy. But this type of biomass--known as "cellulosic biomass" -- is plentiful and renewable.
May 03, 2011 Read Full Article
Baucus Crafts Oil Tax Break Repeal Plan Amid High Profit Reports
by Ben Geman (The Hill/E2Wire) Senate Finance Committee Chairman Max Baucus (D-Mont.) struck while the iron was hot Thursday and vowed to shepherd a plan through the panel that ends billions of dollars in tax breaks for the largest oil
May 03, 2011 Read Full Article
John Boehner: Oil Companies Should Pay Their 'Fair Share'
by Darren Goode (Politico) House Speaker John Boehner says he’s open to calls from the White House to curb some of the $4 billion in oil and gas subsidies and tax incentives, as Washington continues to feel the heat over
April 28, 2011 Read Full Article
Obama to Congress: End ‘Unwarranted Tax Breaks’ for Oil Companies
by Zachary A. Goldfarb (The Washington Post) President Obama urged Congress on Tuesday to take “immediate action” to end tax subsidies for oil and gas companies, as he attempts to limit the political fallout of surging gas prices. A day before oil
April 27, 2011 Read Full Article
Why Only Fossil Fuels Deserve Subsidies — Just Ask Paul Ryan
by Kirsten Korosec (BNET) ...How can maintaining subsidies for the fossil fuels industry, while cutting incentives and funding for cleaner sources, be called anything but corporate welfare? Ironically, one of the stated primary goals of the GOP budget crafted by Rep. Paul
April 22, 2011 Read Full Article
What Ever Happened to Jobs?
by David Di Martino (The Hill) As far as winning messages go, the national Republicans had one in 2010: It's jobs, stupid. Well, it wasn’t that specifically, but they did hammer the president and the Democrats in Congress for not focusing
April 22, 2011 Read Full Article
Freshman Republican Breaks Rank On Oil Subsidies
by Dan Froomkin (Huffington Post) A freshman Republican congressman from Wisconsin has broken rank with his GOP colleagues by calling on lawmakers to re-evaulate the multi-billion-dollar subsidies the federal government doles out to already highly-profitable oil and gas companies. Rep. Reid
April 15, 2011 Read Full Article
Shift Fossil Fuel Subsidies to Back Clean Tech-IEA
by Nina Chestney (Reuters) Fossil fuel subsidies worth $312 billion should be realigned to ensure the growth of renewable energy and curb the world's reliance on carbon-intensive fuels, the International Energy Agency (IEA) said in a report. Demand for fossil fuels
April 11, 2011 Read Full Article
Protecting Big Oil at the Expense of Consumers
by Daniel J. Weiss and Richard W. Caperton (GreenTechMedia) Paul Ryan’s budget proposal eviscerates green technology projects, but leaves massive subsidy loopholes for the oil industry. House Budget Committee Chair Paul Ryan’s(R-WI) proposed FY 2012 budget resolution is a backward-looking plan
April 11, 2011 Read Full Article
Combatting Today’s High Gas Prices
by Rep. Bruce Braley (D-Waterloo) (GlobeGazette) ...For too long, we’ve depended on foreign countries for our oil — and we’ve sacrificed our independence and our national security in the process. But there’s no one, easy solution to the problem. We need
March 28, 2011 Read Full Article
An Interview with General Wesley Clark
(Novozymes) General Wesley Clark: retired US Army general, 2004 Democratic Party presidential candidate, and now Co-Chairman of Growth Energy, an ethanol lobbying group. A lot of people, when they think of biofuels – ethanol – have a picture of good grain
March 24, 2011 Read Full Article
U.S. Sen. Grassley: Ethanol and Energy
(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 from wind, biomass, hydroelectric, solar,
March 16, 2011 Read Full Article
Letter to Editor: Ethanol Helps Stabilize Energy Prices
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 North Africa and the Middle
March 16, 2011 Read Full Article
National Security Interests Require Tax Incentives for Biofuels and Advanced Biofuels
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 2009 study), it is disingenuous
March 14, 2011 Read Full Article
Budget Hawks: Does US Need to Give Gas and Oil Companies $41 Billion a Year?
by Mark Clayton (Christian Science Monitor) As President Obama and Congress look for budget cuts, some experts say federal energy subsidies are ripe for trimming. Among oil companies, nuclear power, and coal, who gets what from US taxpayers? ...But the American
March 10, 2011 Read Full Article
Grassley Says Corn-Based Fuel Part of Overall Energy Picture
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 the heart of the nation’s
March 09, 2011 Read Full Article
Ethanol Industry Feels Squeeze as Congress Tightens Belt
by Elana Shor (Greenwire/New York Times) ...Major oil companies, Hartwig added, "make $50 billion a quarter in profits, yet still get billions of dollars of permanent subsidies in the tax code each and every year. Is that a wise
March 08, 2011 Read Full Article
Letter to Editor: Facts about Gasoline
by David Hallberg (JournalStar) Regarding "Figuring out the ethanol scam" (Local View, Feb. 26): Next time William Stone should do his homework before he tries to help people with distorted facts. To begin, he should honestly define gasoline for his readers. It
March 07, 2011 Read Full Article
Opportunities to Reduce Potential Duplication in Government Programs, Save Tax Dollars, and Enhance Revenue
by Gene L. Dodaro (Comptroller General of the United States/US Government Accountability Office) ...Domestic ethanol production: Congress supported domestic ethanol production through a $5.4 billion tax credit program in 2010 and through a renewable fuel standard that applies to transportation fuels used in
March 07, 2011 Read Full Article
House Thwarts Dem Bid to Kill Oil Tax Breaks
by Ben Geman and Mike Lillis (The Hill/E2Wire) House Democrats on Tuesday used debate on a short-term spending package to force a largely symbolic vote on ending tax breaks for major oil companies like Exxon and Shell. The "motion to recommit"
March 02, 2011 Read Full Article
Why We Still Don't Know How Much Money Goes to Fossil Energy
by Mike Casey (Renewable Energy World) The national conversation about wasteful welfare for highly profitable dirty energy corporations has gone from the dramatic statement by the Chief Economist of the International Energy Agency that fossil fuel subsidies are one of the
February 23, 2011 Read Full Article
Obama Stands Behind Plan to End Tax Breaks for Industry
(Fuel Fix) President Barack Obama today defended his plan to raise tens of billions of dollars for the federal government by axing tax incentives long enjoyed by the oil and gas industry. Congress has already rejected two earlier calls by Obama to
February 23, 2011 Read Full Article
Wall Street Journal Bigotry, Lies and Abuse of Power or a “Range Fiasco”?
by Vinod Khosla (GreenTechMedia) Mr. Khosla comes out swinging at the Wall Street Journal’s take on Range Fuels and biofuels. ...Regarding certain “facts” in the editorial, “The Range Fuels Fiasco” (Review & Outlook, Feb. 10): The WSJ persists in mischaracterizing my relationship
February 23, 2011 Read Full Article
House Turns against Ethanol in E15 Votes
(Des Moines Register) The U.S. House has rebuffed key initiatives to expand the market for corn ethanol, a sign that the industry's once legendary political clout is weakening with the conservative gains in Congress. The Republican-controlled House voted 285-136 early
February 21, 2011 Read Full Article
Blender Pumps Fuel Ethanol Growth
by Candace Krebs (AgJournal.com) Since Stratton Equity Co-op installed Colorado’s first “blender pump” offering a range of ethanol based fuels last April, interest has slowly been rising, right on track with national ethanol usage overall. “We’ve had a gradual increase in
February 21, 2011 Read Full Article
Top Dems Call on House GOP to Eliminate Oil Industry Tax Breaks
by Andrew Restuccia (The Hill/E2Wire) Top Senate Democrats are calling on House Republicans to agree to a plan to eliminate oil industry tax breaks as a means of reducing the deficit. The proposal comes as House Republicans have pledged to cut
February 18, 2011 Read Full Article
Get the Energy Sector Off the Dole
by Jeffrey Leonard (Washington Monthly) Why ending all government subsidies for fuel production will lead to a cleaner energy future—and why Obama has a rare chance to make it happen. ...If President Obama wants to set us on a path to a sustainable
February 05, 2011 Read Full Article
Biofuels Play Increasing Role in Reduced U.S. Oil Imports & Reduced Vulnerability
by Jon H. Harsch (Agri-Pulse) ...Energy Committee Chair Jeff Bingaman, D-N.M. pointed to the EIA forecast that after peaking in 2005-06, U.S. oil imports should continue to decline – showing that the U.S. has already reduced its dependence on imports.
February 04, 2011 Read Full Article
The Short View: Oil Industry Bracing for Cuts
by Eben Esterhuizen and Alicia Sellitti, Kapitall (Motley Fool) ...Up to now, the oil industry has been able to benefit from substantial tax breaks to the tune of $4 billion a year, which purportedly help keep prices in check and
February 03, 2011 Read Full Article
State of the Union Talks Trade and Biofuels
(AgWired.com) President Obama made some folks in the ag industry happy with his State of the Union (SOTU) address Tuesday talking about the importance of both biofuels and free trade agreements. Corn farmers and representatives of the renewable fuels industry were especially pleased
February 01, 2011 Read Full Article
Egyptian Unrest, Rising Oil Prices Focus Attention on Biofuel
by David Louie (KGO) Last week, it was President Barack Obama renewing his call for U.S. energy independence. On Monday, crude oil hit a two-year high (a benchmark, Brent crude, closed today at $101.01 a barrel), reflecting fears that unrest in Egypt
February 01, 2011 Read Full Article
Energy Industry Braces for Cuts
by Darren Samuelsohn (Politico) ... In his State of the Union speech last Tuesday, Obama cracked a smile as he repeated a call he’s made the past two years for the elimination of billions of dollars in tax breaks for oil companies.
February 01, 2011 Read Full Article
Missed Today's Town Hall with Sec. Chu?
by Ginny Simmons (Energy.gov) During the event, Secretary Chu highlighted several parts of the President Obama’s clean energy and innovation agenda: • Ending taxpayer subsidies for fossil fuels so we can increase our investments in clean energy by a third; • Creating
January 28, 2011 Read Full Article
Fate of the Union: 3-Point Plan for biofuels
by Bob Dinneen (Renewable Fuels Association/Biofuels Digest) ...While some would choose to ignore reality, the nation can produce more ethanol sustainably using grains like corn, wheat and barley. ...The nation can also produce significant volumes of renewable fuel from non-grain
January 25, 2011 Read Full Article
View from the Top: Federal Investments in Energy Infrastructure: What’s Worked before Can Work Again
by Mary Rosenthal (Algal Biomass Organization/Biofuels Digest) ...The federal government must follow its long history of investing in national energy initiatives. ...Recently, any call for increased government funding or involvement in this nascent industry has been met with criticism or
January 12, 2011 Read Full Article
Oil Industry Tax Issues in the Fiscal Year 2011 Budget Proposal
by Robert Pirog (Congressional Research Service) ...These proposals included repeal of the enhanced oil recovery and marginal well tax credits, repeal of the expensing of intangible drilling costs, repeal of the deduction for tertiary injectants, repeal of passive loss exceptions
January 04, 2011 Read Full Article
The True Brew – Answers to Your “Biofuels Fact or Fiction” Questions
by Jim Lane (Biofuels Digest) Today, we'll reach into the mailbag and voicemail box and shed some light on topics both important and bizarre, in our occasional "Biofuels Fact or Fiction" series. Q. Will the USDA really issue new loan guarantees
December 30, 2010 Read Full Article
Both Sides: Ethanol Plants are Key to Rebuilding Rural Economies
by Mychal Wilmes (Agri News/Post-Bulletin) ...The conservative and liberal think-alikes want to kill the ethanol tax credit for different reasons. The liberals say that ethanol, at best, is environmentally neutral. The conservatives argue is that the tax credit is a
December 29, 2010 Read Full Article
Corn Growers Push for Tax Credits to Expand Ethanol Industry
by Amy West (KHAS TV) Want to see more ethanol blends at the pump? Well, the American Corn Growers Foundation has a plan and they're challenging Congress to help the industry by redirecting more than $15 billion in Foreign Tax
December 13, 2010 Read Full Article
Grassley Speaks Out on Renewable Fuels Tax
(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 this year on an amendment
December 03, 2010 Read Full Article
Five Reasons the Tea Party Is Not Lobbying for End of Ethanol Subsidies
(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 subsidize the production of corn-based
December 03, 2010 Read Full Article
Getting the Facts Straight on Ethanol, Letters to the Editor
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 and the renewable fuels standards
December 01, 2010 Read Full Article
GOP Battle over Ethanol Heats Up: Grassley Swipes at Coburn and DeMint
by Greg Sargent (The Washington Post/The Plum Line) It looks like Chuck Grassley is not happy with fellow GOP senators Jim DeMint and Tom Coburn for calling on Congress to let billions in ethanol subsidies expire this year. ...Now Grassley has
November 29, 2010 Read Full Article
The Next Big GOP Intra-Party War: Ethanol Subsidies?
by Greg Sargent (Washington Post/Plum Line) Fresh off a big victory over the GOP establishment on earmarks, conservative GOP senators are opening up a new front in the battle on government spending that could be similar to the earmarks standoff: They
November 23, 2010 Read Full Article
Defending Ethanol Subsidies
by Bob Hague (Wisconsin Radio Network) ...Madison based environmental consultant Brett Hulsey said it’s important to realize that while corn-based ethanol is subsidized, it’s not as if petroleum based gasoline isn’t. “Depending on who you listen to, it’s subsidized anywhere from
November 22, 2010 Read Full Article
Renewable Energy Subsidies Worldwide Reached $57 Billion in 2009, IEA Says
by Alex Morales (Bloomberg) Global subsidies for renewable energy totaled $57 billion in 2009, International Energy Agency Chief Economist Fatih Birol said today, providing the agency’s first estimate of assistance for the industry. The support compares with $312 billion for fossil
November 10, 2010 Read Full Article
Report Slams G-20 Nations on Fossil Fuel Subsidies
by Ben Geman (The Hill) Two environmental groups are trying to ratchet up pressure on G-20 nations meeting in South Korea this month to make good on pledges to slash fossil fuel subsidies. White House officials say they’re looking to the Nov.
November 10, 2010 Read Full Article
Coming Clean on Energy Subsidies
by Paul R. Woodin (OregonLive.com/Community Renewable Energy Association) ...One of the topics sure to be front and center next year will be the topic of federal and state incentives for the renewable energy industry. Opponents will proclaim they should be
November 01, 2010 Read Full Article
Oil Receives More Taxpayer Dollars: DTN Finds Oil Industry Subsidized Much Higher Than Ethanol
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 it need government help?" the
October 13, 2010 Read Full Article
Malaysia Mulls Ways to Boost Biofuel
(Jakarta Globe/Agence France-Presse) Malaysia will consider cutting a diesel subsidy next year in a bid to make its biofuel industry more attractive after production of the alternative fuel virtually ground to a halt. ...Plantations and Commodities Minister Bernard Dompok said the
October 07, 2010 Read Full Article
The Health Benefits of Ethanol
(Ethanol Across America) C. Boyden Gray, one of the architects of the historic 1990 Clean Air Act Amendments that established the nation's reformulated gasoline program, called for increased regulation of air toxics by the Environmental Protection Agency and in so
October 06, 2010 Read Full Article
The Benefits of Ethanol
byGen. Wesley K. Clark (Ret.) (New York Times) Letter to Editor: ...The consequences include not only huge environmental risks, but a $300 billion-a-year drain from our economy to pay for imported petroleum. Growth Energy’s Fueling Freedom plan would redirect the ethanol
August 12, 2010 Read Full Article
Fossil Fuel Subsidies Outpace Renewables
(Renewable Energy World) The research and consulting firm Bloomberg New Energy Finance (BNEF) reports that subsidies for fossil energies are far outweighing those for renewables. While many governments are putting support behind clean energy, the figures show that renewables are
July 31, 2010 Read Full Article
Fossil Fuel Subsidies Are 12 Times Support for Renewables, Study Shows
by Alex Morales (Bloomberg) Global subsidies for fossil fuels dwarf support given to renewable energy sources such as wind and solar power and biofuels, Bloomberg New Energy Finance said. Governments last year gave $43 billion to $46 billion of support to renewable