WASHINGTON, DC – Growth Energy, the leading voice for U.S. ethanol supporters, released the following statement in response to the Senate’s motion to cut off debate on Amendment No. 436, introduced by Sen. Tom Coburn, R-Okla., that would have immediately repealed the Volumetric Ethanol Excise Tax Credit (VEETC) and ended the tariff on imported ethanol. The vote was 59-40.
Growth Energy CEO Tom Buis said,
“The fight is not over until we achieve real reform for the ethanol industry, but this vote sends a signal that there is a right way and a wrong way to go about it. For more than a year, Growth Energy has advocated for our Fueling Freedom plan, which would phase out the VEETC in a fiscally responsible way, while redirecting the funds toward ethanol infrastructure build out. Opening the fuels market to ethanol, through Flex Fuel pumps and Flex Fuel vehicles, would give consumers a choice at the pump and allow us to ultimately eliminate all government assistance. We applaud the Senate for blocking movement on Sen. Coburn’s short sighted amendment and opening the door for legislation like the recently introduced bill from Senators John Thune (R-SD) and Amy Klobuchar (D-MN) that will truly transform America’s energy policy to reduce our dependence on foreign oil and strengthen our nation’s economic and national security.”
About Growth Energy
Growth Energy represents the producers and supporters of ethanol who feed the world and fuel America in ways that achieve energy independence, improve economic well-being and create a healthier environment for all Americans now.
WASHINGTON, D.C. – Growth Energy applauded the inclusion of the Renewable Fuel Standard (RFS) Integrity Act in clean energy legislation (H.R. 4447) that passed the U.S. House today. The RFS Integrity Act, authored by Chairman of the U.S. House Committee on Agriculture Collin Peterson (D-MN), along with Reps. Dusty Johnson (SD-At Large), Dave Loebsack (IA-04), […]
WASHINGTON, D.C. – Growth Energy praised the introduction of legislation by U.S. Congresswoman Cheri Bustos (D-Ill.) that would unleash higher-octane, lower-carbon fuels that offer motorists better mileage and fewer emissions. The Next Generation Fuels Act of 2020 requires the Environmental Protection Agency (EPA) to create a new 98 Research Octane Number (RON) standard, limit reliance […]
This week's Kansans Fueling Kansas features Joe Kreutzer of Prairie Horizon Agri-Energy in Phillipsburg, KS. Listen to learn more about locally-made ethanol and then visit https://t.co/F9n52OuLh5 to learn where you can find an E15 fuel pump near you! https://t.co/GglCY1Ed8C
Thank you, Rep. Peterson, @RepDustyJohnson, @daveloebsack, @RodneyDavis & @RepMarshall, for the RFS Integrity Act. Farmers and #biofuel producers need transparency on decisions that directly impact their bottom line, and especially when it comes to small refinery exemptions. https://t.co/cH6nbRywJE