US: Senate supports ethanol tax credit extension

The US Senate has approved a bill calling for a one-year extension of the ethanol tax credit, reports Reuters. The extension is included within a larger bill extending personal tax cuts. The Senate bill also extends for one year the US$0.10/gallon small-producer credit and the US$1/gallon biodiesel tax credit that Subscribe to Automotive World to … Continued

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• December 16, 2010