To: average joe who wrote (85853 ) 8/20/2000 4:16:22 PM From: cosmicforce Read Replies (1) | Respond to Here is one example of many from a group that is pretty neutral. I also found quite a bit by Greenpeace, but I'm sure you'd never accept their findings though, the report is of high quality and well foot noted - if that kind of thing makes a difference to you. You want to believe there is no subsidy, that's fine. It may not be supported by the facts. There are some great examples of how Archer of Texas has pushed MTBE (75% produced in Texas) when ethanol would have worked as well or better and been more environmentally sound.pirg.org The concept of depreciation ö the standard accounting procedure ö is familiar. A manufacturing company, for example, buys a new machine to make a consumer product. Because this machine will be useful for a number of years, the company deducts its cost as it depreciates. In year two, the company still has an asset which is worth, say, 80% of the development price, so the full price is not yet an actual expense. When the machine is no longer churning out products or is obsolete, the company will have made its money on the goods produced by the machine, and will have deducted the full cost of the machine as a business
