In an interview with Michigan Ag Today, Growth Energy CEO Emily Skor discusses her participation in a trade mission to Mexico City with the U.S Department of Agriculture. Skor highlighted the interest of the Mexican government in increasing E10’s availability nationwide:
“They’ve recently opened up to a 10 percent blend—they hadn’t been using ethanol before,” said Skor. “How do we get Mexico to a point where it’s like the United States where ethanol is great for the rural economic development. Something very important to the president of Mexico is affordable gas prices for his consumers.”
Mexico’s three largest cities Mexico City, Guadalajara, and Monterrey all have E-10 restrictions on them. There are other proponents for the E10 push in these urban areas.
“It’s a combination for Mexico—similar to the United States,” [Skor said]. “They want affordable gasoline and they want to use ethanol to spur rural economic development.”
For more information on Skor’s trade mission, click here.
Mexico is currently using methyl tert-butyl ether (MTBE) in their fuel. MTBE is an octane additive, however, due to groundwater contamination concerns and its impact on human health, it’s been explicitly banned in 26 states in the U.S. and phased out of the U.S. fuel supply.
In 2017, the Mexican government announced that it would increase its blending goal to 10 percent ethanol (E10), from the previous 5.8 percent blend, across the country, excluding it’s three largest cities Mexico City, Monterrey, and Guadalajara. However, in a recent study on five major international cities facing significant air quality issues, Mexico City had the highest potential greenhouse gas emissions reductions at an E10 blend, with 5.1 percent cumulative emissions savings. Additionally, according to a 2018 study by Mexico’s Instituto Mexicano de Petroleo (IMP), ethanol is historically two pesos per liter less expensive than MTBE, while also providing benefits for engine performance and emissions reductions.
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