Wednesday, August 30, 2006

Gov. Bush Puts Clout Behind Use of Ethanol

Investor Vinod Khosla puts an interesting twist on this idea. He recommneds eliminating the ethanol import tariff, but only for ethanol to be sold as E85. This would lower the price of e85 so much that the many flex-fuel vehicle owners would finally take notice and the result would be a thriving E85 market that could be exploited by future U.S. producers of inexpensive cellulosic ethanol. -- Jeffrey Goettemoeller
Gov. Bush Puts Clout Behind Use of Biofuel |
by David Adams, ST. Petersburg Times -- The Ledger Online -- August 26, 2006
"In April, Bush wrote to his brother advocating lifting the 54 cents-per-gallon tariff on Brazilian ethanol. 'In light of the challenge we face in meeting the growing demand for fuel, I believe we should reconsider the U.S. policy that taxes ethanol imports from Brazil -- while allowing other tax-free oil energy imports from Venezuela,' he wrote."he

1 comment:

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