PEIXD- related news: Think PEIX has also arranged some CA State assistance to cover possible loss of Fed ethanol Tax credits.
Kohler has been promoting infrastructure development rather than tax credits in recent news stories-
Also recent reports on reduced corn prices may help margins of Kohler's sinking ship?
BUT they have to PR something like Madera opening to keep it above a buck.........
Good luck.........
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Iowa 15% Ethanol Incentive Takes Effect Today..........
Iowa could become the first state in the nation with fuel pumps sporting the new 15% ethanol (E15) labels approved this week by the Environmental Protection Agency along with final rules allowing E15 to be used in all 2001 and newer passenger vehicles later this summer.
Effective July 1, Iowa retailers are eligible for a three cent per gallon tax credit for every gallon of E15 sold. “With the EPA in the process of clearing the final hurdles, now is the time for all retailers to evaluate how E15 could fit into their business model,” said Monte Shaw, Iowa Renewable Fuels Association (IRFA) Executive Director. He notes that retailers with blender pumps will be able to take advantage of the new state incentive immediately since E15 can be already be sold to flex-fuel vehicle owners.
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