Climate Change

"Record US Ethanol Exports Raise Tax Issue"

A record amount of US corn-based ethanol is being exported, despite the PR campaign touting ethanol as a domestic alternative to importing foreign oil. The reason: a Congress-passed tax credit for blending ethanol with gasoline. The credit -- a giveaway adding at least $6 billion to the federal deficit -- is scheduled to expire this year.

Source: Financial Times, 11/15/2010

"Kansas Gov's Comments Don't Quiet Coal Plant Fuss"

"Environmentalists seeking more information about a top state regulator's abrupt departure reacted skeptically Tuesday to Gov. Mark Parkinson's promise that Kansas is conducting a fair and thorough review of plans for a new coal-fired power plant. Environmental groups worry that Parkinson pushed Rod Bremby out as secretary of health and environment to ensure that the coal plant obtains a permit by year's end. The timing would allow the plant to avoid new federal rules taking effect Jan. 2 for greenhouse gas emissions linked to global warming."

Source: AP, 11/11/2010


Subscribe to RSS - Climate Change