Congress, it’s your move, say Oxfam and an unlikely group of stakeholders
We have an opportunity right now to press the pause button on misguided US corn ethanol policy.
Credit: Oxfam America Action Corps and Grazioso Pictures Inc. Last week, I managed an (almost) zero mile meal. My backyard chickens provided eggs for a crustless quiche, flavored by garden-grown cherry tomatoes and basil, with freshly dug roasted potatoes on the side. The food was all local—almost. You need olive oil, salt and pepper to […]
This guest blog was written by Shawnee Hoover, policy advisor, Oxfam America. After a long, hard-fought battle, the $6 billion tax break for corn ethanol known as VEETC (or the Volumetric Ethanol Excise Tax Credit), has lapsed after Congress passed on extending it. And as a result, a collective sigh of relief may be heard […]
Headline: Kenya develops unique Bio-Ethanol Gel Biofuel for Kitchen Use,: “resulting in a viscous yellow liquid that burns slowly with a high heat output…” Meanwhile, in the USA: Headline: Feds announce recall of more ethanol fuel gel products: “The recall was made due to serious risks of flash fire and burns when consumers add pourable […]
Senate votes overwhelmingly to end the ethanol tax credit immediately. Today the Senate voted 73 to 27 to end the VEETC in July, even though it was scheduled to expire at the end of the year anyway. At the same, time, the House voted overwhelmingly to prohibit new government investment in ethanol infrastructure. By a […]
The time is ripe for new ideas and reforms around US biofuels policy.
This afternoon Agriculture Secretary Tom Vilsack will speak at the National Press Club in Washington on global food security ahead of the G-20 Agricultural Ministerial in Paris later this month. A quick glance at the USDA media advisory indicates that those looking for “coherence” in US policies on food security may be disappointed: “Vilsack will […]
The Volumetric Ethanol Excise Tax Credit (VEETC) is just plain expensive at a time when congress has vowed to radically reduce government spending.