WASHINGTON, D.C. – Following President Joe Biden’s announcement of a nationwide infrastructure package today, Growth Energy CEO Emily Skor released this statement:
“It’s disappointing that President Biden put forth a robust, $2 trillion infrastructure plan that overlooks the urgent need to expand access to low carbon biofuels, like plant-based ethanol. The President campaigned on a platform of using ‘every tool at his disposal’ to ‘promote and advance renewable energy, ethanol, and other biofuels’. The details of the American Jobs Plan released today assuredly missed an opportunity to meet these promises.
“It is now even more crucial that any further legislation proposed by the Administration and Congress include a robust role for ethanol. Since 2010, biofuels like ethanol have been responsible for cumulative carbon dioxide savings of nearly 600 million metric tons in the U.S., or the equivalent of removing 130 million cars from the road, roughly half of our nation’s fleet.
“Earlier this year, a new report from the Rhodium Group, a leading independent climate analysis firm, found that biofuels are an essential element of our path to a net-zero future by 2050. Ethanol reduces life cycle greenhouse gas emissions from motor fuel by an average of 46 percent, as demonstrated most recently in groundbreaking research. Continuous innovation has fueled this environmental progress, allowing biofuel producers and farmers to ramp up production year after year, without expanding our environmental footprint. Biofuels can help us reduce emissions today, and the innovations being driven by our industry will continue to reduce the carbon intensity of fuels.
“We look forward to working with this Administration and our bipartisan Congressional champions to ensure that biofuels have a leading role in helping our nation upgrade its infrastructure and address climate change.”