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You are here: Home / Politics / Govt / Harkin says ethanol descriminated against in funding

Harkin says ethanol descriminated against in funding

October 12, 2000 By admin

A federal report finds the petroleum industry reaps many benefits which alternative fuels like ethanol do not enjoy. Iowa Senator Tom Harkin says it’s clear corn-based ethanol is subject of discrimination.The report from the General Accounting Office compared tax incentives for the top three petroleum companies in the U-S to other fuels over the past three decades. Harkin says the petroleum companies got 130-Billion dollars in tax breaks, while all renewable alcohol-based fuels took in only 11-point-2 Billion.Harkin says we’ve “paid multi-billions in ransom to the petroleum industry…and we’re still held hostage.”

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Filed Under: Politics / Govt Tagged With: Ethanol, Tom Harkin

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