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Ethanol > Veetc
The following information is about Veetc.
Veetc Defined
Stands for Volumetric Ethanol Excise Tax Credit, 2004 federal legislation that strengthened the nation’s commitment to renewable fuels by extending tax incentives for ethanol and biodiesel, improving flexibility for petroleum companies to blend ethanol, and ensuring that Highway Trust Fund revenues are not adversely affected by increased ethanol use.
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Part two in a three-part series - Renewable fuels legislation: What's the impact?
Published November 18, 2008, 3:16 pm, Denison Bulletin Review
Will the cost of transportation fuel cause job losses? What part does the ethanol industry play in the national economy? The U.S. Bureau of Labor Statistics (BLS) offered this fact: on average, every time oil prices go up 10 percent, 150,000 American's loose their jobs.
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