Saturday, April 11, 2009

US Paper Industries Pull 8 Billion Bio-Fuel Tax Credit Scam

From TreeHugger:

kraft cardboard packaging photo
Cardboard packaging. Image credit:DesignFederation,net

Much of the pulp used for paper-making comes from the century-old Kraft pulping process. Since early the 1930's, operations using it reclaim and burn the process' "black liquor" waste to produce a majority of the energy consumed. Big Paper has discovered a new Kraft process reclamation trick to make millions more each year: by perversely claiming tax credits offered under a "green" Federal fuel blending incentive.

Article continues: US Paper Industries Pull 8 Billion Bio-Fuel Tax Credit Scam

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