WASHINGTON, D.C. – Growth Energy, the nation’s largest ethanol association, today welcomed enactment of legislation extending and modernizing Iowa tax incentives for higher biofuel blends. Signed today by Governor Kim Reynolds, the new law reduces the per-gallon excise tax on E15 and higher ethanol blends and B11 and higher biodiesel blends through 2026.
“The tax update offers a welcome source of market certainty for Iowa biofuel producers and our farm suppliers, who have faced unprecedented economic challenges in the wake of COVID-19,” said Emily Skor, CEO of Growth Energy. “We applaud Iowa lawmakers for crafting bipartisan legislation that can serve as an example for lawmakers nationwide seeking to support rural communities, save motorists money at the pump, and promote low-carbon fuels that keep our air clean. Smart tax policies like these are a proven strategy for accelerating infrastructure investments, creating rural jobs, and expanding consumer access to E15 and other higher biofuel blends.”
This week in our “Conversations with Biofuel Champions” summer video series, our CEO Emily Skor had the opportunity to visit with one of our newest biofuel champions: U.S. Congresswoman Abby Finkenauer of Iowa. Congresswoman Abby Finkenauer was elected in 2018 to represent Iowa’s First Congressional District. As Finkenauer tells Skor, she wanted to serve in […]
WASHINGTON, D.C. – Today, Growth Energy Senior Vice President of Regulatory Affairs Chris Bliley offered testimony during a virtual public hearing on the U.S. Environmental Protection Agency’s (EPA) test protocols for U.S. fuels. The agency is currently updating Tier 3 Motor Vehicle Emission and Fuel Standards to reflect the modern transition to higher blends of […]
I’m proud to stand up for our farmers and producers as a @GrowthEnergy Biofuels Champion. Our biofuels provide good-paying jobs and the clean energy that keeps America running — when they’re strong, Iowa is strong. #IA01 https://t.co/96cepXXW0T
Representative @daveloebsack took time to advocate for biofuels in the House Committee for Energy and Commerce yesterday. We need oversight like this to ensure gap-filings from the oil industry don't become another source of harm for our producers. Thank you, Congressman! https://t.co/JRDYxzgq67
I spoke with @GrowthEnergy about the need for everyone to understand just how important renewable fuels are for Iowa's farmers and our nation. WATCH: https://t.co/Ik7Eu4Iry0