Feb 15, 2007

Kentucky Taking Lead In Bio-Fuels

From a Business First of Louisville article by Brent Adams Kentucky State Senator: “Harper Angel filed SB24, which would give ethanol producers a $1-per-gallon annual excise fuel tax credit. The credit would be capped at $1.5 million. Harper Angel also filed SB33, which would require the Kentucky Office of Energy Policy to establish a Biofuel Transportation Grant Program.”

“Under that program, businesses, nonprofit organizations, public school systems and local governments would be given grants to buy and install biofuel refueling facilities and to buy blended biodiesel or E85 ethanol-gasoline blend.”