<![CDATA[Grist - Comment Feed for Clean-energy future: On your markup ...]]> Grist Comment Feed en Comment #1 by enviroperk http://www.grist.org/article/2009-05-18-clean-energy-markup/ Mon, 18 May 2009 20:16:11 -0700 http://www.grist.org/article/2009-05-18-clean-energy-markup/1 Sadly, government attempts to legislate "green" initiatives have most often been corrupted. Though Ethanol is a top-of-mind example, what is happening with the paper industry demonstrates another massive corruption:

...the United States government stands to pay out as much as $8 billion this year to the ten largest paper companies. And get this: even though the money comes from a transportation bill whose manifest intent was to reduce dependence on fossil fuel, paper mills are adding diesel fuel to a process that requires none in order to qualify for the tax credit. In other words, we are paying the industry--handsomely--to use more fossil fuel.

http://www.thenation.com/doc/20090420/hayes

The devil is in the markups.

]]> Sadly, government attempts to legislate "green" initiatives have most often been corrupted. Though Ethanol is a top-of-mind example, what is happening with the paper industry demonstrates another massive corruption:

...the United States government stands to pay out as much as $8 billion this year to the ten largest paper companies. And get this: even though the money comes from a transportation bill whose manifest intent was to reduce dependence on fossil fuel, paper mills are adding diesel fuel to a process that requires none in order to qualify for the tax credit. In other words, we are paying the industry--handsomely--to use more fossil fuel.

http://www.thenation.com/doc/20090420/hayes

The devil is in the markups.

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