Washington, D.C. – A joint statement from Growth Energy, the U.S. Grains Council (USGC), and the Renewable Fuels Association (RFA) on the conclusion of the Global Ethanol Summit, held in Washington, D.C., this week:
“Today wraps up the first Global Ethanol Summit, which saw more than 400 attendees from 60 countries come together on behalf of global collaboration, access to free trade in biofuels and the increased use of ethanol to achieve its potential for environmental, human health and economic benefits.
“Ethanol is a cost-competitive transport fuel that offers long-term, medium-term and short-term benefits to consumers, suppliers and the governments that regulate them. It reduces greenhouse gas emissions and improves human health. It also helps countries offer value-added production opportunities for rural communities.
“From Mexico to Brazil, from Canada to the Philippines, the countries here today are taking the next steps in developing biofuels policies with a role for trade. The enormity of the moment is obvious. This Summit united us in the common cause to make measurable societal change – to decarbonize transport, to reduce particulate matter emissions, to make positive impacts today that will bear opportunity for future generations.”
ABOUT THE U.S. GRAINS COUNCIL
The U.S. Grains Council develops export markets for U.S. barley, corn, sorghum and related products including distiller’s dried grains with solubles (DDGS) and ethanol. With full-time presence in 13 key markets and representatives in an additional 15 locations, the Council operates programs in more than 50 countries and the European Union. The Council believes exports are vital to global economic development and to U.S. agriculture’s profitability. Detailed information about the Council and its programs is online at www.grains.org.
ABOUT THE RENEWABLE FUELS ASSOCIATION
The Renewable Fuels Association is the leading trade association for America’s ethanol industry. Its mission is to advance the development, production, and use of ethanol fuel by strengthening America’s ethanol industry and raising awareness about the benefits of renewable fuels. RFA’s members are working to help America become cleaner, safer, more energy independent and economically secure. For more information, visit EthanolRFA.org.
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