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U.S. fuel retailers rail against green aviation fuel tax credit
U.S. fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in Democrats' $430 billion spending bill, arguing SAF is more carbon intense and less efficient than renewable diesel. (www.reuters.com) Más...Sort type: [Top] [Newest]
Tax credits why? there is no reason for it as the taxpayers end up footing the bill somehow in all these green deals. Nothing is FREE about being green.
There is nothing FREE about fossil fuels either. The US gives fossil fuel companies all kinds of tax breaks just so they can sell the fuel we help them to obtain back to US consumers at market rates. At least with green fuels there is a redeeming value to it AND I get to see fossil fuel companies get all hot and bothered.
Well LMG is an Ag consultant. The renewable fuels association has been putting out disinformation for years now about bio-fuels which in fact get less mileage than regular gas or diesel. My own personal non scientific study showed a 20% decrease on my 7.3 using biodiesel. There are scientific studies that confirm a decrease. Yes we need alternatives to regular but ethanol (which is not renewable as corn must be planted every year), carbon sequestration construction, which will make millions for a few can decrease crop yields anywhere from 15% (corn)to 25%(soybeans) in field zones affected by pipeline construction. Benefits will be minimal at best compared to for example tailpipe emissions. References are (Tekeste et al. 2021) and a letter to the Iowa Utilities Board dated 07/29/2022. One problem here in Iowa is the Utilities board seems to favor business, period.
I think this is a lot deeper than personal vicarious vendettas.
You miss the real image of green. It's paper with pictures of dead presidents.
Exactly! Check out Summit Carbon Solutions in Iowa who are pushing sequestration as the final solution but may have to use Eminent Domain
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