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GLGi: Ethanol Legislation

Time & Location

Originally Presented: April 18, 2006

Presenter(s):

GLG Expert Contributor

Agenda:

Discussion of The Energy Policy Act of 2005 establishing a Renewable Fuels Standard (RFS) that will require that oil companies use at least 4 billion gallons of ethanol in 2006, ramping up to 7.5 billion gallons by 2012
Likelihood that Congress will revisit the RFS schedule in the near future and make it more ambitious
Will Congress extend the tax incentives in light of the RFS?
How will excess capacity affect long-term ethanol prices if the RFS is not increased?
What is the long-term future of ethanol in the US?

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A program focused on educating business and investment professionals through seminars on current trends and core concepts in various industries. Detailed workbooks distributed at the Seminars provide educational reference materials for later review. The GLG institute website. www.glginstitute.com, enables clients to increase thier own industry education by proposing new seminar topics or adding agenda terms to currently scheduled seminars.

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