RE: Interesting Read on Ethanol's Future...2guys, very good info.
Note......
.............The bill, dubbed the Domestic Energy Promotion Act, would reduce blender’s credit for two years, after which the credit would be tied to oil price. Tax credits for installing ethanol fuelling infrastructure would be improved, as would accessibility to credits for small ethanol producers and, notably, ////////advanced cellulosic biofuel producers, not previously covered by these benefits//////////////////.
..................with ethanol as platform infrastructure that can continue to hasten the deployment of/////// high value biochemicals as well//////////////
.................Overall, the Grassley bill would be good for the biofuel industry and would probably result in a scenario where the majority of the existing ethanol industry and new technologies are supported, allowing the US to maintain its place as a world leader in the biobased economy
We have similar ethanol subsidies here in Canada that are similar to those in the US.
Which ever route the US takes, we cant lose......................plenty of corn-based biorefiners that will be bankrupt and cheap takeover candidates for conversion.....................or full subsidy for cellulosic producers who also produce biochemical derivatives.