Black Liquor

"Paper companies may claim about $6.6 billion from a U.S. tax break meant to discourage use of fossil fuels, and they’ll burn more diesel to get it.

The tax credit is an incentive to mix an alternative energy source with carbon-based fuel. Papermakers already generate electricity by burning a wood byproduct from pulp-making called “black liquor.” To qualify for the windfall they are adding diesel fuel to the black liquor, following the letter of the law while violating its spirit, said Verle Sutton, editor of the Reel Time Report, a unit of Los Angeles-based Forestweb Inc., a provider of data on the paper industry.

'It’s an absolute government boondoggle,' Sutton said. 'These companies were not using fossil fuels. They only started because they needed it for the tax credit to work. So there’s a negative to the environment, not a positive.'" - Bloomberg

Nowhere near as delicious as Old English.