Bush Favors Ethanol Tariff Cut

Cindy Zimmerman

President Bush today came out in support of at least a temporary end to the tariff on ethanol imports, putting the “pro-ethanol” president at odds with the ethanol industry and farm-state lawmakers. In an interview with CNBC, Bush said, “I think it makes sense to — when there’s a time of shortage of a product that’s needed, so that the …

Ethanol, Government

Gov. Wants to Terminate High Gas Prices

Cindy Zimmerman

California Gov. Arnold Schwarzenegger is directing his state agencies to fight high gas prices by expanding bio-fuels, according to a release from his office. “It is critical that we do everything we can to reduce our dependence on petroleum-based fuels,” said Gov. Schwarzenegger. “Turning waste products into energy is good for the state’s economy, local job creation and our environment. …

Biodiesel, Ethanol, Government

Tariff Debate in High Gear

Cindy Zimmerman

Energy Secretary Samuel Bodman sent ethanol stocks down today with comments that the Bush administration is considering lifting import tariffs on ethanol, but ethanol interests were busy out stating their reasons why the tariffs should remain in place. Senator Charles Grassley (R-IA) and Sen. John Thune (R-SD) issued a joint statement saying that ending the duty is unnecessary and would …

Ethanol, Government

Don’t Try This at Home

Cindy Zimmerman

The Alcohol and Tobacco Tax and Trade Bureau (TTB) is warning the public not to start their own home ethanol plants. A notice on the TTB website says “it is illegal to distill alcohol without first obtaining a Federal permit” from the TTB. The notice is in response to “several news items on people distilling ethanol at home to supplement …

Ethanol, Government