[HoosierRon]

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.”

 

[jomo]

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

 

[tgagneguam]

Love the title of this thread.

 

[EatonISgay]

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."

 

[KingElvis]

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?

 

[EatonISgay]

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.