American drivers have officially driven more than 11 billion miles on cleaner-burning E15 fuel, a fuel blended with 15 percent ethanol.
That is an additional one billion miles logged since June, when the U.S. Environmental Protection Agency announced the removal of Reid Vapor Pressure (RVP) restrictions. In doing so, the potential of E15 fuel was unlocked and sales of the fuel have already grown rapidly.
Prior to the restriction being lifted, drivers were prevented access to the cleaner-burning, more-affordable fuel during the summer months due to antiquated regulations. However, since the announcement of E15 being made available year-round, sales of Unleaded 88 have grown over 25 percent at the start of the summer. And that number is continuing to grow, as fuel retailers and drivers across the nation take advantage of the fuel’s retail and environmental benefits.
As the Unleaded 88 becomes more popular across the nation, we can expect even higher sales in the coming years. E15 is approved for use in all vehicles 2001 and newer, as well as flex fuel vehicles, which combined represent 9 out of 10 vehicles on the road. This means most drivers in the nation are equipped to fuel up with a more affordable, environmentally-friendly fuel.
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