Senate votes to axe ethanol subsidies after all

clock

Senate votes overwhelmingly to end controversial subsidies after initially rejecting proposal to scrap biofuel tax breaks

The US Senate voted yesterday to axe billions of dollars in tax credits for US ethanol, after a fresh amendment designed to scale back biofuel subsidies secured the 60 votes required to pass. The vote,...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Biofuel

At a grim UN General Assembly, there were sparks of climate hope

At a grim UN General Assembly, there were sparks of climate hope

Ed King offers take on the key causes for climate optimism as COP27 Climate Summit draws nearer

Ed King, GSCC
clock 03 October 2022 • 6 min read
(L-R) Unilever's Thomas Lingaard, CBI's Rain Newton-Smith, and Phoenix Group's Tim Lord | Credit: Incisive Media

UK business leaders: Corporate climate action top priority despite economic woes

Net zero still a priority but crises will likely affect direction of decarbonisation measures, experts from Unilever, CBI and Phoenix Group warn at Net Zero Festival

clock 29 September 2022 • 4 min read
Chris Skidmore was speaking at BusinessGreen's Net Zero Festival today

Net Zero Review: Chris Skidmore promises 'no rowing back' on net zero strategy as call for evidence launched

Conservative MP insists his review of UK’s net zero agenda is fully independent and that now is 'not a time to recoil from our climate commitments'

Michael Holder
clock 29 September 2022 • 6 min read