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Arkansas Legislature Moves Forward on Alt Fuels Incentives

The Arkansas State Legislature’s Senate Committee on Agriculture, Forestry and Economic Development today approved a measure that will provide $20 million in incentives for alternative fuel development. The Pine Bluff (AR) Commercial reports in this story (about halfway down) that House Speaker Benny Petrus’ bill would split the money with $16 million going to companies to develop the fuels and $4 million for weatherization and research:

Arkansas House Speaker Benny Petrus “I think it’s a step in the right direction,” Petrus said after the vote. “It shows Arkansas is serious about doing this.”

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