== News ==

== News ==

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<ins>*'''[http://www.nytimes.com/2010/07/29/opinion/29thu3.html Energy Subsidies — Good and Bad]''', 28 July 2010 editorial by New York Times: "[[Congress]] must soon decide whether to extend [[VEETC|federal tax subsidies]] for [[renewable energy]] that expire at the end of the year. The subsidies for wind, solar and geothermal energy are necessary to give these energy sources the help they need to compete with oil, coal and natural gas. While it renews those subsidies, Congress should end tax breaks for [[corn ethanol]], which can stand on its own and is of dubious [[environmental]] benefit."</ins>

<ins>**"[[Ethanol]], which in [[USA|this country]] is made almost exclusively from [[corn]], has been subsidized since the early [[1970s]], partly because it increases octane levels while helping to reduce certain [[pollutants]], most notably carbon monoxide."</ins>

<ins>**"According to the Congressional Budget Office, the price tag [[2009|last year]] for the ethanol tax break was about $6 billion."</ins>

<ins>**"This money mainly benefits refiners and big farmers, and could be better spent elsewhere — perhaps in developing more [[second-generation|advanced forms of ethanol]] from [[grasses]], scrub [[trees]] and plant [[wastes]]. Corn ethanol can actually increase [[greenhouse gases]] if [[grasslands]] or forests are ploughed for [[crop production]]."[http://www.nytimes.com/2010/07/29/opinion/29thu3.html]</ins>

*'''[http://www.biomassintel.com/new-cbo-report-examines-biofuels-tax-incentives/ New CBO Report Examines Biofuels Tax Incentives]''', 16 July 2010 by Mackinnon Lawrence: "CBO releases report this week assessing biofuel incentives.  Study finds that biofuel [[subsidies]], costs associated with reducing petroleum use and [[GHG emissions]] vary by fuel."

*'''[http://www.biomassintel.com/new-cbo-report-examines-biofuels-tax-incentives/ New CBO Report Examines Biofuels Tax Incentives]''', 16 July 2010 by Mackinnon Lawrence: "CBO releases report this week assessing biofuel incentives.  Study finds that biofuel [[subsidies]], costs associated with reducing petroleum use and [[GHG emissions]] vary by fuel."