Nebraska Governor Pete Ricketts last week signed into law a bill that will provide incentives to retailers who sell higher blends of ethanol.
Gov. Ricketts says the legislation will help to grow Nebraska agriculture and attract investment in our rural communities. “Increasing the use of ethanol saves drivers money at the pump, cleans up our environment, and creates opportunities for our farmers and ranchers.”
The legislation allows for a five-cent credit on each gallon of E15 sold and 8 cents per gallon of E25 or higher blends sold, making ethanol more affordable for retailers who are helping keep fuel prices down for its patrons. Retailers can apply to the Nebraska Department of Revenue for the credits.
Source: https://energy.agwired.com/
Tags: Biofuels, Blend, Ethanol, Nebraska
Recent Posts
DPIIT promotes green logistics industry
Petronet LNG reports record volumes
TotalEnergies buys stake in wind farm to produce green hydrogen
Ports of Indiana, Port of Antwerp-Bruges partner on green shipping
Bhutan moves towards green transition
GCMD completes biofuel supply chain trials with Hapag-Lloyd
Airbus partners with Avolon on hydrogen aviation
Nuclear power transition more safe option for decarbonisation than coal