Friday, July 31, 2009
Black Liquor Credit Helps End User
The black liquor tax credit (a result of the Obama administration energy package) is driving down paper prices, according to NewPage, North America’s largest maker of coated paper. They claim the average selling price for coated paper probably declined by $40 to $50 per ton.
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The Alternative Fuel Mixture credit for which Black Liquor qualifies was not part of the Obama energy plan. He actually wants to do away with it. This was passed during the Bush Administration. Please try to get your facts right.
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