Anti-ethanol op-ed is riddled with inaccuracies, exec says

An op-ed by economics professor Mark J. Perry criticizing ethanol production contained several misleading statements, writes Mitch Miller, CEO of Energetix, which operates an ethanol plant in Lake Odessa, Mich. Contrary to Perry's claim, there has not been a 51-cent-per-gallon ethanol blender's tax credit for several years now, and the 45-cent-per-gallon tax credit ended on Jan. 1, 2012, Miller states. Perry's allegation that the Renewable Fuel Standard sets a target of 36 billion gallons of ethanol by 2022 is wrong, as the standard limits ethanol output at 15 billion gallons with advanced biofuels making up the remainder, Miller notes.

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MLive.com (Michigan) (free registration) · EthanolRFA.org/The E-Xchange blog

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