Growth Energy CEO Tom Buis issued the following statement after the Senate approved the proposed tax package, which includes extensions for the ethanol tax incentives. The House is expected to consider the measure as early as today.
“This bipartisan vote shows that the Senate is committed to enacting sound tax policies that invest in green industries, like ethanol, to reduce our dependence on foreign oil, create jobs here in the United States, improve our environment and strengthen our national security. Extending the current ethanol tax incentives for one year will give Congress the time to act on a plan to build out our nation’s renewable fuel infrastructure, as proposed in our Fueling Freedom proposal, and give consumers a choice at the pump that includes clean, renewable American ethanol.”