31 August 2011 0 Comments

Ethanol: 3-fer: $.45 Tax Credit – $.54 Tariff and Mandates (10 to 15%)

“You can either subsidize [ethanol] or you can protect it or you can mandate that it be used. In this case we’re doing all three,” Ellis said. What Ellis refers to is that aside from the 45-cent per gallon tax credit, there is a 54-cent tariff on imported ethanol, a federal effort to thwart the […]