Will You USE Blended Ethanol Gas in Your Car? Will it help?

[Richard]

Even worse up north with the seasons but I wonder how many millions consumers spend every year replacing equipment that sat up for the winter and did not start in the spring,so they just bought a new one.

Its a scam of sorts because of the use of tax credits.

So how they work is larger pollution generating corporations are fined every year according to how much pollution they emit over and above current EPA set guidelines.

They can either pay the fine,millions for some,or use tax credits purchased from other businesses to pay the fine.

In this case a gas station has a low pollution footprint,but with the tax credits received for every gallon sold there is no way they can use them all,so they can then sell them on the market.

So for every dollar collected as a tax credit you can sell it for a percentage on the dollar.

I think what they are doing here with the E15 and tax credits is using it simply as a tool in order to generate millions more credits for purchase for other higher pollution generating companies.

IE: A refinery generates more pollution then the regulations allow,so they have to pay a fine.

If you then use the individual gas station and give them tax credits that they will never be able to take advantage of ,they will pump millions in credits back into the refinery.

What it appears like they are doing is trying to up the output of the refineries,which in return will double the pollution levels over and above the limits,while offsetting the fines with the actual gas stations tax credits.

How it can backfire is the gas stations are not required to sell the credits to the refineries,they can sell them to the highest bidder.

If that happens the refineries will have to increase the cost of fuel delivered in order to correlate with the increased fines that will come with increased production demand.

So it is not really about E15,it’s about using E15 as a tool in order to generate tax credits on a massive scale,for other businesses that will not be able to comply with new EPA regulations.