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Cattlemen Are Against Subsidized Ethanol
By Mr Ethanol | August 1, 2008
NewsOK.com:
The Oklahoma Cattlemen’s Association bolstered its stance against a subsidized ethanol industry Thursday when its Beef Production Committee adopted a resolution that stated its opposition.
In a meeting on the opening day of the group’s 56th annual convention at the Reed Center in Midwest City, the Beef Production Committee re-adopted a resolution first passed in 2005 that urges the National Cattlemen’s Beef Association to “strongly oppose tax subsidies and work with other groups to eliminate these subsides as soon as possible.”
Cattlemen don’t oppose the use of corn-based ethanol as an alternative fuel, said Scott Dewald, executive vice president of the association. But they do oppose tax credits and tariffs on foreign ethanol that subsidize the industry and encourage more use of corn as the fuel source.
“What our guys really want is for ethanol to stand on its on two feet without the tax credit and the tariffs,” Dewald said.
Scaling back ethanol mandate… read on.
Topics: Agriculture, Ethanol, News, Tax |
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