Clean Energy Pathways, Inc. (CPWY)

[spike007]

If the tax credit isnt renewed we are sunk in my opinion ...any news on that status -gov extension ? We simply cannot compete with reg diesel prices imo without that credit....some interesting reading regarding subsidy, Nov 2008 production capabilities in the U.S. etc...... J

"The $1-per-gallon biodiesel tax credit was created under the 2004 American Jobs Act. The tax credit had been set to expire at the end of 2008, but recently received an extension for another year.

Today, the domestic biodiesel industry has more than 2 billion gallons of installed production capacity from more than 170 plants in 40 states.

Texas has 686 million gallons of production capacity in 31 plants. More than half of that capacity is located along the Houston Ship Channel, said Jess Hewitt, president of the Biodiesel Coalition of Texas"

http://www.seattlepi.com/business/390056_biodiesel01.html