Anti-ethanol groups continue to fight tax credit

Ethanol Producer Magazine
By Kris Bevill
Posted Oct. 13, 2010

A group consisting of industries historically opposed to corn ethanol production held a press conference Oct. 12 to reiterate its stance against ethanol subsidies, and corn ethanol in general. Representatives from food manufacturing groups, beef, pork and poultry producers and environmental activists took turns flinging accusations at the ethanol industry, blaming ethanol producers for everything from inflated grocery prices to global warming in an attempt to thwart rumored federal support to maintain ethanol subsidies.

“Whether it’s a blenders’ tax credit or an ethanol producers’ credit, it still will cost American tax payers billions of dollars each year,” said J. Patrick Boyle, president and CEO of the American Meat Institute, adding that extending the Volumetric Ethanol Excise Tax Credit would prolong the “unfair support and protection” that ethanol has received for more than 30 years.

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