WASHINGTON, DC – Growth Energy CEO Emily Skor today applauded President Trump’s announcement of plans to lift restrictions on E15, a fuel blend with 15 percent ethanol approved for 9 out of 10 cars on the road. Currently, retailers throughout most of the country are prohibited from offering E15 to drivers during the summer months, costing consumers an opportunity to save up to 10 cents per gallon. In addition, fuel retailers must pay to retool and relabel their product offerings each year, creating confusion among drivers and holding back other retailers from embracing new options at the pump.
“We thank President Trump for delivering on his promise to rural America by lifting the summer restriction on E15 sales,” said Skor. “He answered the call from American farmers by removing the single most important barrier to growth in higher biofuel blends. This announcement is great news for farmers, biofuel workers, retailers and consumers everywhere who want to enjoy cleaner, more affordable options at the fuel pump. This is a critical step toward giving American motorists higher-octane options at a lower cost all year long.
“We sincerely appreciate President Trump’s steadfast commitment to rural America. Nationwide E15 sales promise to drive demand for two billion bushels of American corn and help restore growth in rural communities hit hardest by the downturn in farm income. America’s farmers and rural workers are eager to see the President’s agenda for rural growth succeed, and today was a critical part of completing that mission.
“Over the last few months alone, we’ve heard from countless farmers who rallied behind Growth Energy’s E15 Now campaign because they cannot afford to be locked out of this key market for another season. We’re deeply grateful to USDA Secretary Sonny Perdue, our rural champions in Congress, and governors across the Midwest for working with the president and pressing the EPA to tear down outdated regulatory barriers against competition. It’s vital that EPA regulators work quickly to implement the president’s plan, and we look forward to lending our expertise to that process immediately.”
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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