President Bush inks a bill initiating the first-ever biodiesel tax incentive, while extending the federal ethanol tax incentive until 2010. Both fuels are said to significantly reduce carbon dioxide emissions, while pumping much-needed investment into the U.S. agricultural sector. President Bush The measure is expected to close the price gap between straight petroleum diesel and biodiesel blends by offering a 1% reduction in federal excise taxes for every percentage point of ...

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