Debates about the country's dependence on foreign oil continue.  With gas and energy prices soaring, it is no wonder why many people are looking for alternative fuel and energy sources. While the solutions and opinions may vary, one thing is for certain: the problem is not going away.  The PA Chamber of Business and Industry weighed in on the issue in Sunday's The Patriot News. 

In the article "State doesn't need new taxes, mandates on energy" by Lesley Smith, the Chamber's Director of Communications, the Chamber applauds the state's search for alternative energy sources, stating that the state would best be served by a plan that:

• Allows all viable energy options to be part of the mix, including coal and nuclear (two fuels that have played a critical role in growing our economy and providing a comfortable existence).
• Eliminates any unnecessary hurdles to alternative fuels development.
• Recognizes the significant investment business is making in the exploration of alternative energy in response to growing demands for options.

Most notably, the Chamber insists that "new taxes and government mandates are not needed to pursue energy independence." 

 Visit: http://www.pennlive.com/patriotnews/stories/index.ssf?/base/opinion/118263211252140.xml&coll=1 to view the full article.

Another M&A client, Keystone Biofuels, wrote an additional column on the subject titled: "Current biodiesel refiners left out on incentives." 

Pennsylvania has always been a state that took pride in providing the fuel for a growing nation -- whether that fuel was crude oil from Titusville in the 19th century or Anthracite coal from Wilkes-Barre in the 20th century. Now, another fuel can continue supplying the growing energy needs that exist within and beyond our borders: biodiesel.  Pennsylvania continues to make efforts to attract and encourage the start-up of biodiesel companies.  Ben Wooton, of Keystone BioFuels, adds his take on how the state can support its active base of current biodiesel producers.  In a situation seen by many other industries, the biodiesel industry is seeing great support from the state to start and attract new businesses, but not as much to support existing operations. 

Check out this article at the link below:
http://www.pennlive.com/columns/patriotnews/review/index.ssf?/base/opinion/118253851137630.xml&coll=1

Kudos to our clients for working so diligently on this critical issue affecting the business community!