Emily Skor, CEO of Growth Energy issued the following statement in response to the U.S. Department of Energy’s announcement that it would allocate $118 million to expand the production of biofuels:

“The funds awarded today by the DOE will undoubtedly accelerate the innovations taking place at U.S. ethanol plants, opening new opportunities for low-cost, low-carbon energy. As the president has said, we simply can’t get to net-zero by 2050 without biofuels. Today’s announcement shows that DOE remains committed to that mission. We’re excited to see new technologies scaled up with these funds, particularly the work underway at Marquis, Inc., a Growth Energy member slated to receive $8 million for a project that combines CO2 with low-carbon hydrogen to create a new production stream of extra-low-carbon ethanol, slashing emissions by at least 70% or more compared to petroleum-based alternatives.

Growth Energy applauds the Biden administration for delivering another powerful demonstration of ethanol’s role in our clean energy future.”

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Agri-Pulse Newsmakers: March 24, 2023: @RepAshleyHinson @GrowthEnergy Joe Kakesh @ASA_Soybeans Alexa Combelic on WOTUS, biofuels and farm bill spending Full video here https://t.co/qxMFBVjCdu https://t.co/voTxqZ1j5Q

via @agripulse

[email protected] awarded member Kelly Nieuwenhuis with its highest honor, America’s Fuel Award, at its 14th annual Executive Leadership Conference. https://t.co/JHaHMTJWbT

via @CStoreDecisions

Wondering how the Inflation Reduction Act will affect #ethanol producers? Watch John Fuher from @GrowthEnergy explain in 6 minutes. https://t.co/ZPK3TVdWwt #ira #inflationreductionact

via @NavigatorCO2

Growth Energy's General Counsel Joe Kakesh discussed year-round E15 and the need for an emergency waiver, as well as other policy priorities on @agripulse yesterday. Tune in! agri-pulse.com/media/videos/p…

via @GrowthEnergy