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World Biofuels
Symposium
November 13-15, 2005
Beijing, China
2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels
Association
National Biodiesel
Conference & Expo 2006
February 5-8, 2006
San Diego, California
Organizer:
National Biodiesel Board
11th Annual
National Ethanol Conference: "Policy & Marketing"
February 20-22, 2006
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association
22nd
Annual International Fuel Ethanol Workshop & Expo
June 20-23, 2006
Milwaukee, Wisconsin, USA
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Posted on
December 17, 2003Demand for ethanol could fuel Nebraska LINCOLN (AP) - If Nebraska is going to continue to be a major ethanol supplier for California, the Cornhusker state must find a way to extend incentive programs to fuel production, the project manager of the state ethanol board says.
California already consumes 900 million gallons of ethanol a year, about a third of all the ethanol produced in the United States.
Steve Sorum of the Nebraska Ethanol Board said Nebraska is "getting an awful lot of that because we've got the best freight rates to California."
Whether Nebraska remains a major player in the California ethanol market depends on how many more plants are built here and on how much is added to about 400 million gallons in current annual production.
Sorum said the future hinges on how the Legislature responds to the June expiration of its ethanol incentive program.
"It's a difficult time financially," Sorum said of the costs of the program. "But there are unprecedented opportunities in the ethanol business that are about to happen. So the Legislature has to decide if the state can afford not to take advantage of those opportunities."
One indication of the size of difficulty is the $42 million shortfall the state already faces in covering the cost of the existing incentive for new plants expected to be in production by the June deadline.
That problem also is on the legislative "to-do" list of Sen. Tom Baker of Trenton, the chairman of the Legislature's Transportation and Telecommunications Committee.
Baker said funding an incentive, paid out as a production credit on state fuel taxes, probably would fall partly on the state's producers of corn and grain sorghum and partly on the state gasoline tax.
The 0.5-cents-per-bushel payments that producers already make on grain sales would rise to 0.75 cents per bushel. The other envisioned revenue source is an added tax of 0.3 cents on gasoline and 0.1 cents on diesel fuel. All of that would go to the existing incentive. Baker said he hasn't decided how the state might fund a new incentive, beyond June, to compete with other states responding to increasing ethanol demand.
Davey grain sorghum producer Doug Nagel said he's willing to pay more because new plants typically boost grain prices within a 50-mile radius.
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