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Grassley-Conrad bill would extend ethanol tax credits through 2016

Green Car Congress

US Senators Chuck Grassley (R-Iowa) and Kent Conrad (D-North Dakota) introduced a bill—the Domestic Energy Promotion Act of 2011— that would extend, through 2016, at descending levels, the volumetric ethanol excise tax credit, or VEETC, which is also known as the blenders’ credit.

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Researchers say fuel market rebound effect can result in increased GHG emissions under RFS2; suggest taxes over mandates

Green Car Congress

However, argues a team from the University of Minnesota in an open-access paper published in the journal Energy Policy , once the “fuel market rebound effect” is factored in, RFS2 actually increases GHG emissions when all fuel GHG intensity targets specified under the act are met. for its analysis. —Hill et al.

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