WASHINGTON, D.C. — Growth Energy, the nation’s largest association of biofuel producers and supporters, today applauded a proposal to expand access to lower-cost, lower-emissions biofuel blends at the pump in Michigan. Legislation offered today by Michigan state Senator Kevin Daley (R-Lum), Chair of the Senate Agriculture Committee, would establish a retailer tax incentive for higher ethanol blends, specifically a tax credit of $0.05 per gallon on sales of E15 and $0.085 per gallon on sales of E85.
“Demand for cleaner, more affordable fuel options has never been more critical, and this legislation would ensure that biofuel blends like E15 and E85 are available to more Michigan motorists,” said Emily Skor, CEO of Growth Energy. “Allowing more drivers to fill up on low-carbon biofuel blends, like E15, is crucial to helping our nation achieve our clean energy goals today. In fact, research shows that statewide E15 in Michigan could cut climate emissions by 580,000 metric tons, all while saving drivers five to 10 cents per gallon.
“We welcome Senator Daley’s leadership on homegrown energy, and we look forward to working with Michigan leaders to ensure that our farmers and rural producers remain at the forefront of the nation’s climate battle.”
Growth Energy members in Michigan include POET Biorefining – Caro, The Andersons – Albion, the Corn Marketing Program of Michigan, NUVUFuels, One Ethanol, and Trucent.