US Senate votes to end U.S. ethanol incentives

The U.S. Senate voted on Thursday to end the 45-cent-a-gallon subsidy the government gives refiners and the 54-cent-per-gallon tariff on imported ethanol from Brazil and other countries.

The proposal to end the ethanol incentives passed 73 to 27, and came in the form of an amendment that was tacked onto an underlying economic development bill that is not expected to pass the Senate.

The White House said it was against a “straight repeal” of the federal incentives for ethanol.

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