IHS Chemical Week

EnviroTech :: Alternative fuels

Top Automakers Urge Bush to Increase Biofuel Incentives

1:29 PM MDT | July 24, 2007 | Michelle Bryner

The chief executives of the top-three U.S. automakers asked President Bush last week to increase government incentives to boost the manufacture, distribution, and availability of biofuels and the production of flexible-fuel vehicles. The incentives are needed to provide consumers with “reasonable access” to biofuels at prices competitive with gasoline, they say. The action follows the administration’s proposal earlier this year to reduce U.S. gasoline consumption 20% by 2010 (CW, Jan. 31, p. 12). “A significant portion of such reductions...

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