House approves tax incentives for algal fuels

09/30/2010 | · Feedstuffs (Minnetonka, Minn.)

A bill that would expand the coverage of cellulosic-biofuel tax incentives to include algae-based fuels was approved Tuesday in the House of Representatives. The proposal, from Rep. Harry Teague, D-N.M., changes the definition of cellulosic biofuels in the Internal Revenue Code to include algal fuels. Under the proposal, algae-fuel developers would be eligible to receive a $1.01-per-gallon production incentive and 50% bonus depreciation for biorefinery assets.

View Full Article in: · Feedstuffs (Minnetonka, Minn.)

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Fleet Controller - Technical Operations Maintenance Control
United Airlines
Chicago, IL
Lead Revenue Management Analyst
Hawaiian Airlines
Honolulu, HI
Planner - Line Maintenance
United Airlines
Chicago, IL
Sr. Communications Specialist * Grassroots Coordinator * PAC Coordinator * Benefits Specialist
The Air Line Pilots Association, International
Herndon, VA
TAESL - Planner Production Control
American Airlines
Fort Worth, TX