ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry
Green Car Congress
DECEMBER 22, 2013
Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Some of the ICCT recommendations are mirrored in the recently released Baucus draft proposal for tax reform ( earlier post ), notes Dr. Chris Malins of the ICCT, one of the study’s co-authors. In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices.