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ADM Petitions EPA for E12 Gasoline
On June 7, Archer Daniels Midland Company submitted a formal request to the U.S. Environmental Protection Agency seeking approval of ethanol-gasoline blends containing up to 12 percent ethanol (E12) for all cars. The current limit is 10% for non-flex fuel vehicles. They also formally requested that the EPA alter its Clean Air Act interpretive rule to allow for the higher oxygen content in E12.
ADM is probably the largest manufacturer of ethanol and had about 50% of the market share in 2002. The tax payers of the USA give a 45 cent per gallon tax credit for every gallon of ethanol blended into gasoline. This is just wrong. It does not help our country become energy independent and it costs the consumer/tax payer money!:CRY: |
Yeah, buty ADM will get richer. And that's all they care about.
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