Steps to encourage good envioronment Book Summary

frProviding new tax credits and loan guarantees to bring this next generation of biofuels to commercial scale production now.Boosting the Renewable fuel Standard to ensure demand for new biofuels keeps pace with production capacity.Lowering the current import tariff on foreign biofuels to further broaden the market for these new alternative fuels.Reforming current federal support for biofuels to be more market
responsive with a countercyclical federal subsidy that ensures that as
oil prices rise, federal support for biofuels decreases, and vice-versa.Extending current Renewable Energy Tax Credits for wind and biofuel production to encourage new investment.Creating new tax and production incentives for private sector
investments in biofuel production infrastructure and clean energy
marketplaces.The paper then turns to the complex state of
current international trade negotiations in the next section of the
paper, beginning on page 18. This section offers clear suggestions of
ways to create flexibility in entrenched positions as a means to
jumpstart the stalled Doha Round of multilateral trade negotiations,
among them:
Rewarding all U.S. farmers for environmental stewardship on their
working lands, including growing dedicated energy crops, by
implementing a WTO-compatible “green payment” program and encouraging
modest reinvestment of current commodity-based subsidies. Other
WTO-member nations must make similar farm tariff and subsidy reductions
in their agricultural sectors.Reducing gradually the current 54-cent-per-gallon U.S. tariff on
imported biofuels to grow the global market in biofuels and take steps
towards meeting the Doha Round’s overarching trade and development
goals.Supporting “development-friendly” agricultural support for the
world’s poorest nations with specific capacity-building and “Aid for
Trade” programs involving infrastructure, energy, and other sectors.The
final section draws upon the analysis and recommendations of the first
three sections to presenta vision of a global agricultural economy
fully engaged in alternative energy production. Thissection, beginning
on page 20, walks readers through the role of biofuels in contributing
to povertyreduction and combating climate change in the developing
world and then details how this effort isinexorably linked to U.S.
farm policy reforms and a successful conclusion to the Doha Round.The
paper makes a number of suggestions for the United States and our
trading partners around the globe to consider, but then turns directly
to the need for U.S. leadership at home and abroad to see this
alternative energy vision translated into action. Without immediate
legislative action by Congress to deliver biofuels to consumers, the
overwhelming promise of alternative energy production will take decades
longer to bear fruit, and in the process probably bypass the rural
communities most in need of a fresh start. Accordingly, the
recommendations in this section focus on:
Creating a nationwide network of service stations selling E85 fuel, a blend of 85 percent ethanol and 15 percent gasoline.Promoting the sale of Flexible Fuel Vehicles that run on E85 fuel.Encouraging public awareness of biofuel alternatives in the
marketplace through a federal biofuels certification and labeling
program.Boosting research and development in advanced biofuels and biobased
technologies through a variety of legislative funding avenues.

More summaries about the Steps to encourage good envioronment