Conversion, Convert, Oil Prices and Tax Credit

GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

Green Car Congress

OCTOBER 5, 2009

Increased cultivation of corn for ethanol, its conversion into biofuels, and the storage and use of these fuels could affect water supply, water quality, air quality, soil quality, and biodiversity, the report found. Federal tax credits, the RFS, and the ethanol tariff have primarily supported conventional corn starch ethanol.

Tax Credit

Tax Credit Industrial Industry Tax

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

OCTOBER 4, 2011

As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies. Currently, no commercially viable biorefineries exist for converting cellulosic biomass to fuel. Such land conversion may disrupt any future potential for storing carbon in biomass and soil.

Renewable

Renewable Tax Credit Conversion Fuel

EV Driven

GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

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