Biofuel station incentive bill introduced in congress
While production of biofuels has been steadily increasing in recent years, retail availability has been growing at a much slower rate with just over 1,600 E85 stations now in operation. Representatives Stephanie Herseth Sandlin (D-SD) and John Shimkus (R-IL) have introduced a bill in Congress to provide incentives to station owners to install biofuel pumps. The bill would increase the tax credit from 30 percent of the incremental cost of biofuel pumps to 50 percent of the total cost. It would also increase the maximum claim from $30,000 to $100,000. The new rules would apply to both E85 and biodiesel pumps.
[Source: hersethsandlin.house.gov]
Reader Comments (Page 1 of 1)
Tim 12:52PM (8/04/2008)
Congress is voting for more federal debt and more food for fuel. America may be addicted to oil, but Congress is addicted to spending. They are using OUR debt to pander for votes from the ignorant. They are selling out America’s future for their petty political self-interest.
We do live in interesting times.
The communist Chinese are becoming rich through capitalism and Americans are becoming poor through socialist central planning and uncontrolled spending which is debasing our fiat currency. Now the Chinese are buying America piece by piece.
How much more "liberalism" from the Neo-Cons and Democratic-Socialists can we stand? When will they honor their oaths to the Constitution which limits their power?
Keep your powder dry.
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gsolman6 1:01PM (8/04/2008)
I don't think it is "liberalism" that is the problem but too much corporate influence by the likes of ADM on our elected reps in this particular case. Also the Chinese aren't that capitalistic - aren't they the ones spending a good percentage of their GDP to subsidize gasoline?
Anyway ethanol is already subsidized to the tune of $0.51 for every gallon that is put in your car. We certainly don't need to support this via the taxpayers anymore than it already is.
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woodenbee 1:19PM (8/04/2008)
irrelevant, whiny, tax dodgers aside, Obama is introducing legislation that would allow some offshore drilling, cut tax gifts to welfare queen oil companies and demand that 90% of all new cars run on renewables by 2020, nice , sounds like a sensible plan for the people there, power to the people!!!!
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woodenbee 1:23PM (8/04/2008)
Now if they could just get the oil suppliers to stop harassing the station owners who do try to sell ethanol/bio diesel, the only one in my area is completely independent all the others tow the line.
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EVan 3:58PM (8/04/2008)
This is good news.
Cellulosic Ethanol is the future of ICE engines. It's renewable, not made from food crops, and produced domestically.
A future of electric city cars and ethanol powered highway and utility vehicles sounds like a green future to me.
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David A 12:32AM (8/05/2008)
Just like to point out, that the main reason you don't have ethanol being sold outside the corn belt has far more to do with logistics, and economics than it does with station availibility.
Least thats what the Government Accountability Office report found out.
http://greyfalcon.net/e85stations.png
http://greyfalcon.net/e85stations2.png
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David A 12:42AM (8/05/2008)
Also Cellulosic Ethanol doesn't really solve anything related to food.
It still uses the same Freshwater, Farmland, and Fertilizers.
And if you want to quote that canard that you can keep taking nutrients out of the soil, and that it WON'T rapidly deplete the soil of nutrients. Then I got a bridge to sell you.
http://greyfalon.net/peaksoil.pdf
The only way it wouldn't deplete food resources is if it starts ripping up the Amazon and the Brazilian Cerrado instead.
http://greyfalcon.net/time
Also Cellulosic ethanol doesn't even necessarily reduce lifetime greenhouse emissions of fuel.
greyfalcon.net/ethanol10
Pretty much, if you got an hour, watch this video by Berkeley California researcher David Fridley. Tells you all you need to know about just how futile biofuels are.
http://greyfalcon.net/mythsofbiofuels
_
That said, it's no big mystery. BioFuels "sound good", therefore they get votes.
Especially since the east coast doesn't have as much access to solar wind and geothermal as the rest of the country.
msnbc.com/modules/eoe/energy.asp
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