June 29, 2013 - As the first six months of the second Obama administration draws to a close, dozens of competing bills are making their way through Congress seeking to reform the controversial “American Clean Energy and Security Act of 2009.”
The “Strategic Biofuels Reserve Reform Act”‘ attempts to cap the amount of excess ethanol the Agriculture Department is allowed to purchase and withhold from the market each year. Ethanol price supports enacted in 2010, modeled on the Agriculture Department’s dairy price support program, became necessary when practical…
More…
|
|
|