Advertisement
News
Advertisement

House bill would lower mandate to use ethanol

Fri, 09/23/2011 - 5:23am
Reuters

WASHINGTON (Reuters) - Legislation was being drafted in the U.S. House that would reduce the federal mandate to use fuel ethanol when corn supplies are tight.

A congressional staff worker confirmed on Thursday a bill was under consideration but declined to discuss details.

The Renewable Fuels Standard guarantees a share of the motor fuel market for corn-based ethanol. Livestock and dairy producers say the mandate gives a financial advantage to ethanol makers and unfairly boosts the cost of livestock feed.

SOURCE

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading