Comments on: France Says “Non” to Biofuel Tax Breaks http://gas2.org/2008/09/27/france-says-non-to-biofuel-tax-breaks/ Next Generation Cars and Fuels Mon, 23 Nov 2009 01:27:17 +0000 http://wordpress.org/?v=2.5.1 By: Adam Shake http://gas2.org/2008/09/27/france-says-non-to-biofuel-tax-breaks/#comment-25631 Adam Shake Sun, 28 Sep 2008 17:59:11 +0000 http://gas2.org/2008/09/27/france-says-non-to-biofuel-tax-breaks/#comment-25631 JPM, It's Ethanol itself that is causing countries to stop the tax breaks. As more ethanol grade corn is grown, it drives up the world wide price of food grade corn and grains. The price of oil is cyclical, but the overall trend is up, and oil costs will continue to rise, which will push the rise of biofuels. Biofuel company's may complain about not getting the tax breaks they want, but they won't stop production of their product. JPM,

It’s Ethanol itself that is causing countries to stop the tax breaks. As more ethanol grade corn is grown, it drives up the world wide price of food grade corn and grains. The price of oil is cyclical, but the overall trend is up, and oil costs will continue to rise, which will push the rise of biofuels. Biofuel company’s may complain about not getting the tax breaks they want, but they won’t stop production of their product.

]]> By: jpm100 http://gas2.org/2008/09/27/france-says-non-to-biofuel-tax-breaks/#comment-25621 jpm100 Sun, 28 Sep 2008 16:07:30 +0000 http://gas2.org/2008/09/27/france-says-non-to-biofuel-tax-breaks/#comment-25621 With a falling price of oil, this could kill ethanol sales and burn anyone who participated in developing the infrastructure. Killing the infrastructure could hurt cellulosic ethanol's ability to take off commercially, even if it delivers $1 ethanol in a few years. With a falling price of oil, this could kill ethanol sales and burn anyone who participated in developing the infrastructure.

Killing the infrastructure could hurt cellulosic ethanol’s ability to take off commercially, even if it delivers $1 ethanol in a few years.

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