Non-Fiction Books:

Crs Report for Congress

Fuel Ethanol: Background and Public Policy Issues: May 8, 2003 - Rl30369
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Description

In light of a changing regulatory and legislative environment, concern has arisen regarding the future prospects for ethanol as a motor fuel. Ethanol is produced from biomass (mainly corn) and is mixed with gasoline to produce cleaner-burning fuel called "gasohol" or "E10." The market for fuel ethanol, which consumes 10 % of the nation's corn crop, is heavily dependent on federal subsidies and regulations. A major impetus to the use of fuel ethanol has been the exemption that it receives from the motor fuels excise tax. Ethanol is expensive relative to gasoline, but it is subject to a federal tax exemption of 5.2 cents per gallon of gasohol (or 52 cents per gallon of pure ethanol). This exemption brings the cost of pure ethanol, which is higher than that of conventional gasoline and other oxygenates, within reach of the cost of competitive substances. In addition, there are other incentives such as a small ethanol producers tax credit. It has been argued that the fuel ethanol industry could scarcely survive without these incentives. The Clean Air Act requires that ethanol or another oxygenate be mixed with gasoline in areas with excessive carbon monoxide or ozone pollution. The resulting fuels are called ...
Release date Australia
November 4th, 2013
Audience
  • General (US: Trade)
Contributor
  • Created by Congressional Research Service the Libr
Country of Publication
United States
Illustrations
black & white illustrations
Imprint
Bibliogov
Pages
24
Publisher
Bibliogov
Dimensions
189x246x1
ISBN-13
9781293245644
Product ID
21947427

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