I'm not disagreeing, but if you've got to encourage a particular alternative, I'd like to see private venture investment evaluating risk and reward ... one that if you must have tax incentives, has a "business tax credit" attached to the profit end of the equation. When a company makes money they receive a tax break or credit for taking on the venture ... not $250 million taxpayer dollars up front in 'hopes' some company doesn't squander it.

Not the the biofuel industry is without fault ... but they must first make the dollars before getting the tax credits in building facilities and hiring employees to produce ethanol and biodiesel.

--RichC --- "My Desultory Blog" & CinciTDI Club