WASHINGTON, D.C. — A report was issued today that the Environmental Protection Agency (EPA) “consistently ignored” direction from the Department of Energy (DOE) to restrict or reject economic waivers for oil refiners under the Renewable Fuel Standard (RFS). In response to the news, Growth Energy CEO Emily Skor issued the following statement:
“Administrator Pruitt just finished telling crowds of struggling farmers that the massive increase in EPA handouts wasn’t driven by his loyalty to a few wealthy refiners. But these companies aren’t small and they aren’t experiencing hardship – unlike farmers facing a five-year plunge in income. In fact, those waivers are at odds with everything we hear from the Department of Agriculture, President Trump, and now the Department of Energy.
“It’s easy to understand why voters in the heartland view EPA as failing President Trump’s promises to rural America. Waivers have taken billions out of the pockets of farmers, while EPA continues to demand more handouts in exchange for the freedom to sell E15 – even after President Trump called for a fix.
“It’s vital the White House take action now to reverse a drain on farm income that threatens the entire rural economy by immediately restoring the demand that has been lost and providing year-round market access for higher biofuel blends.”
WASHINGTON, D.C. – Today, Growth Energy CEO Emily Skor submitted written comments on the Internal Revenue Service’s (IRS) proposed regulations under section 45Q, a performance-based tax credit for carbon capture projects. In her letter, Skor called on the agency to offer credit for carbon dioxide captured for food and beverage purposes, which would promote investment […]
This week in our “Conversations with Biofuels Champions” summer video series, our CEO Emily Skor visited with one of our top champs in the House of Representatives: U.S. Congresswoman Cheri Bustos of Illinois. Born in Springfield, Illinois, Congresswoman Cheri Bustos comes from a long line of farmers and teachers and a deep appreciation for being […]
CEO @GrowthEnergy tells IRS how #ethanol plants can lead the way on #carbon capture https://t.co/xiHAipVJpI
As @RepCheri Bustos says here, the biofuels industry has a cascading effect on agriculture — it promotes strong supply chains and multiplies rural economic output. Abuse of the Renewable Fuel Standard through refinery exemptions only serves to harm the ag economy. https://t.co/pvW7P4yZ4F
The future of fuel — increased engine performance, lowering our carbon footprint, and eliminating toxic fuel additives — is already here. At @EESI's Clean Energy Expo, Growth Energy SVP of Regulatory Affairs Chris Bliley laid out the benefits that expanding ethanol can bring. https://t.co/aW5v9A4prB
In a letter to the IRS, GE CEO @EmilySkor proposes applying the 45Q performance based carbon tax credit to carbon capture projects at ethanol plants as a way to incentivize and expand their further use. Biofuel producers are ready to do more! See the letter here: https://t.co/MtEDPF0jKy