Senators Tom Coburn (R-OK) and Benjamin L. Cardin (D-Md) have joined forces to sponsor a bill that ends the refundable Volumetric Ethanol Excise Tax Credit (VEETC). This tax credit subsidizes the blending of corn-based ethanol into gasoline. The legislation, if enacted immediately, would save taxpayers nearly $4 billion during the remainder of 2011,
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corn ethanol
The food versus fuel debate is back on the agenda with the launch of a map designed by anti-poverty organization ActionAid and the Environmental Working Group (EWG). The map shows which countries are at highest risk of a food crisis due to food price rises.
The organization says volatile food markets
New Zealand based LanzaTech recently announced that they have successfully produced a necessary component to create polymers, plastics, and fuels from their unique fermentation process.
For those unfamiliar with LanzaTech, it is a company looking to utilize industrial waste gases and waste products like trash to