Dinneen: Tax incentives are vital for spurring blending

11/2/2010 | EENews.net (subscription required) · CornCommentary.com

Ethanol tax incentives are necessary to maintain discretionary blending, said Bob Dinneen, president and CEO of the Renewable Fuels Association. Without the incentives, the more than 2 billion Renewable Identification Numbers available under the Renewable Fuels Standard program would be snapped up by refiners, Dinneen said in a recent television interview. If the blending incentive is eliminated, "the RFS is going to be a cap, not a floor," Dinneen said.

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EENews.net (subscription required) · CornCommentary.com

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