June 15, 2011

Policy & Regulatory Briefing: Ethanol, EIA, Calif. Cap and Trade

An amendment by Sen. Tom Coburn (R-OK) to eliminate a 45 cent on the dollar tax break given to ethanol blenders was defeated 40-59 on Tuesday, the Hill reports.

More ethanol battles are expected in the Senate next week, however. Yesterday majority leader Harry Reid (D-NV) said he’s planning a vote on ethanol incentives.

A panel of the House energy and commerce committee approved legislation today that would require an Obama administration decision on TransCanada’s controversial Keystone XL pipeline by November 1. The project….

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