Indiana shows ethanol some Hoosier love

  1. Welcome to GM Inside News Forum – General discussion forum for GM

    Welcome to GM Inside News Forum - a website dedicated to all things GM.

    You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, at no cost, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, Join GM Inside News Forum today!
     
Results 1 to 6 of 6

Thread: Indiana shows ethanol some Hoosier love

  1. #1

    Join Date
    Feb 2006
    Posts
    6,653
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Indiana shows ethanol some Hoosier love

    Indiana increases E85 incentives
    Retailers and fleets in Indiana may be more inclined to add E85 pumps to their operation with the passing of new legislation that provides up to $20,000 for companies to cover the cost of installing and converting E85 equipment.

    ...Aubrey said a lot of interest has been generated by the $1 million legislation. “The phone has been ringing off the hook,” he said.

    The recently passed E85 legislation provides financing to cover 50 percent of the cost to install infrastructure for E85. ...

    Indiana has been offering incentives for E85 since July 2007, when $1 million became available for an 18-cent sales tax deduction, Aubrey said. The consumer will receive “an 18-cent sales tax deduction on every gallon of E85 sold at these sites,” he said. “There was $1 million available for the sales tax deduction starting last July but that has decreased because retailers have been taking advantage of that.”

  2. Remove Advertisements
    GM Inside News
    Advertisements
     

  3. #2
    2.4 Liter SIDI ECOTEC
    Join Date
    Jun 2005
    Posts
    348
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: Indiana shows ethanol some Hoosier love

    plane:
    Dude, you got to put a sarcasm flag on that stuff...

  4. #3
    6.2 Liter LS9 Supercharged V8
    Join Date
    Aug 2003
    Posts
    8,848
    Thanks
    222
    Thanked 14 Times in 5 Posts

    Re: Indiana shows ethanol some Hoosier love

    Love the title of this thread.

  5. Remove Advertisements
    GM Inside News
    Advertisements
     

  6. #4

    Join Date
    Apr 2008
    Posts
    89
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: Indiana shows ethanol some Hoosier love

    Well that was a waste of a million bucks. : /


    "if your reading this, your the only MF on GMI right now who knows what the F he's doing."

  7. #5
    6.2 Liter LS9 Supercharged V8 KingElvis's Avatar
    Join Date
    Feb 2003
    Location
    Chicago
    Posts
    6,237
    Thanks
    823
    Thanked 753 Times in 629 Posts
    My Ride
    '10 DODGE RAM ST RC HEMI 4.10

    Re: Indiana shows ethanol some Hoosier love

    Will government subsidies, which create a 'market' for ethanol where none would have existed, eventually be held up as evidence of the popularity of ethanol?

  8. #6

    Join Date
    Apr 2008
    Posts
    89
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: Indiana shows ethanol some Hoosier love

    Quote Originally Posted by KingElvis View Post
    Will government subsidies, which create a 'market' for ethanol where none would have existed, eventually be held up as evidence of the popularity of ethanol?
    You throw enough money behind milk powered cars and I guarantee some company will step forward to suck up that cash. It doesn't mean milk is the best, it means people like money.

    If enthanol were so great it wouldn't need subsidies. Everyone is clamoring for an alternative to high gas prices. Ethanol unfortunately is not it.

    Ethanol is popular not because its a great fuel, its aweful. Less energy, etc. Its popular because its American made. It markets well. People feel like there doing something good.

  9. Remove Advertisements
    GM Inside News
    Advertisements
     

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBadvanced CMPS v4.1.2