WASHINGTON, DC – Growth Energy released the following statement in response to a publicly released letter from deep-pocketed vested interests intent on perpetuating America’s addiction to foreign oil by blocking the implementation of ethanol infrastructure.
“It is efforts like these that perpetuate our addiction to foreign oil. If American consumers had a choice, most would choose the fuel that creates U.S. jobs, reduces harmful emissions and strengthens our national security. Growth energy has proposed reforming ethanol policies in our fueling freedom plan which would redirect the current tax credits toward the build out of infrastructure to deliver access to higher level blends of ethanol,” said Growth Energy CEO Tom Buis.
Growth Energy Public Affairs Director Chris Thorne added that with greater access to the market, the ethanol industry can do much more for our economy and environment.
“Once the infrastructure is in place, ethanol will be able to compete without government assistance, creating an opportunity where ethanol will continue to create jobs, strengthen our economy and displace foreign oil. But, as we have said before, this investment won’t happen overnight. The one year extension of the ethanol tax incentive gives Congress the opportunity to consider longer term solutions this year,” he said.
About Growth Energy
Growth Energy is a group committed to the promise of agriculture and growing America’s economy through cleaner, greener energy. Growth Energy members recognize America needs a new ethanol approach. Through smart policy reform and a proactive grassroots campaign, Growth Energy promotes reducing greenhouse gas emissions, expanding the use of ethanol in gasoline, decreasing our dependence on foreign oil, and creating American jobs at home. More information can be found at GrowthEnergy.org.