“Perdue has introduced a bill, which will be sponsored in the State House by Reps. Jim Cole (R-Forsyth) and Larry O’Neal (R-Warner Robins), to make a 4 percent tax incentive available to facilities producing and processing certain biofuels (ethanol, biodiesel and butanol) derived from Georgia-grown agriculture products and biomass.”

Tax incentives eyed for Georgia biofuel industry

Atlanta Business Chronicle – 22 Jan. ‘07

Gov. Sonny Perdue wants a sales tax exemption for materials and equipment used to build biofuel facilities in Georgia.

Perdue has introduced a bill, which will be sponsored in the State House by Reps. Jim Cole (R-Forsyth) and Larry O’Neal (R-Warner Robins), to make a 4 percent tax incentive available to facilities producing and processing certain biofuels (ethanol, biodiesel and butanol) derived from Georgia-grown agriculture products and biomass.

“The biofuels tax credit will help make Georgia a national leader for the development of home-grown alternative fuel sources,” Perdue said. “As a nation, it is vitally important that we decrease our dependence on foreign oil and Georgia will lead the way with innovative companies making use of products grown in our state.”

Demand for biofuels is expected to increase due to a combination of factors, including the decision by U.S. refiners to replace MTBE, an oxygenate known to contaminate drinking water, with ethanol and the production and promotion of alternative fuel vehicles by major carmakers.

http://www.bizjournals.com/atlanta/stories/2007/01/22/daily47.html?from_rss=1

Many folks believe ethanol in California gas increases oil use and profit

The $0.51 per gal. corporate welfare to the oil refiners for adding 5.6% ethanol to California gas is about $500,000,000.00 per year.

The ethanol may add over $1.00 per gal. to the gas profit in California.

That may be about $100 billion in oil profit from California motorists.

The science is interesting but so is the money.

A $4 billion Prop. 87 oil tax may add $40 billion in oil profit.

Charlie Peters
(510) 537-1796
Clean Air Performance Professionals

CAPP contact: Charlie Peters (510) 537-1796, cappcharlie@earthlink.net

Dang those bad bankers, like Casey Cagle who never opposed a pro-bank bill in his life.

Shady Perdue, catchy name. I’ve heard a rumor he’s been interviewed by a US attorney.

Is there a cell open next to Bill Campbell?

With the new revelations concerning Sonny’s failure to disclose his land purchase adjacent to Oaky Woods WMA and Rep. O’Neal’s position on the board of the bank that loaned the money to Sonny’s friends to purchase that 19,000 pristine property, after passing up the opportunity for the State to keep it protected, I’m not so certain Sonny is a lock.

It seems that he has slipped below 50% in the most recent polls and may be forced into a runoff.

I had supported Sonny as a “Sportsman for Sonny” but, alas, I’ve learned that Sonny is “for Sonny” and not for us.

I see you’ve been listening to LINDA in regards to the KJ version of the Bible…

I’ll comment on this since it needs a comment.

I don’t think either party does a good job of ‘vetting’ or screening candidates.

I don’t know how parties can be independent of candidates, so the lying will continue. On both sides.

From where I sit, on the fence in plaid?, whatever that means, anyone can be a Republican. Just wrap yourself in the flag, hold up a fully automatic weapon in one hand and a King James Bible in the other… and you’re in, Baby!

But, the Democratic gauntlet is barely any longer. Just avoid being stoned to death for adultery and abortion …

I don’t know Bart Graham. But, I keep hearing good things about him.

I’m sure this bill was on the Sonny Do list. I’m comfortable Sonny was the first and only taxpayer to take advantage of the back dating provisions within the narrow window of oppurtunity.

I bet all the recent paving being done up 400 helps Stan Thomas with his little trillion dollars development off of Hwy120 and 400.

I don’t think the Dems are smart enough to notice that.

MD