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2007 December 16 | Biofuels

Biofuels

December 16, 2007

Biofuel News - Biofuels on candidates' radars on campaign trail - USA Today

Filed under: Biofuel News — admin @ 1:21 pm

But the Republican candidates are divided over whether the government should require increased production of the fuel or whether to continue the subsidies and import tariff upon which the industry has come to depend. Romney, the former governor of Massachusetts, supports some of the biofuel industry’s priorities, such as the continuation of tax subsidies, but he has stopped short of endorsing the 36 billion-gallon mandate. The next administration is likely to be lobbied by the ethanol industry to increase the market for the fuel by allowing more of it to be used in conventional gasoline. The focus on biofuels in Congress owes a lot to the importance of the Iowa presidential caucuses, according to the industry’s critics.

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