With the promise of a tax cut credit for diesel fuels blended with agricultural products as a key issue, House and Senate negotiators agreed to most aspects of a plan to nearly double the use of ethanol fuel from corn by 2012.
The U.S. gasoline industry will be required to blend at least 5 billion gallons of ethanol annually in fuel mixes by 2012, up from 2.7 billion gallons now.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access