Biofuels Industry Said Pompeo Incentive Repeal Bill Will Slow Down Alternative Fuels

Biofuels Outline

Jim Method November 4, 2011

In Washington, Novozymes understood a plug introduced by Rep. Mike Pompeo (R-Kan.) would emboss harder to detect renewable fuels to sell, impacting regulars and sacrificing jobs unnecessarily. Pompeo's plug, H.R. 3308, would hitch the ethanol, cellulosic biofuel and alcohol fuels tax credit; the tax lure for biodiesel and renewable diesel; and the center tax advance for alternative fuel method refueling means.

"Biofuels average the type of invention and nominal exploration that are reenergizing our cutback. Substitute energy is or else replacing fossil fuel, cost-conscious regulars cash, creating jobs and defensive the environment," Adam Monroe, Start of Novozymes North America, understood. "Repealing the specialization sustain for second-generation biofuels apparition emboss it harder to detect renewable energy to sell - and allocate regulars the choices they good point at the nozzle. We need consistent specialization sustain." Monroe fair discussed the energy titles in the Lift Act.

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