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Agricultural News


Growth Energy Applauds Funding for Biofuels Infrastructure in Budget Package

Fri, 10 Sep 2021 14:03:28 CDT

Growth Energy Applauds Funding for Biofuels Infrastructure in Budget Package Growth Energy CEO Emily Skor applauded the inclusion of $1 billion in biofuels infrastructure funding in the U.S. House Committee on Agriculture’s section of the budget reconciliation package. Specifically, she thanked Cindy Axne, Amy Klobuchar, Angie Craig, Cheri Bustos and Debbie Stabenow on their extensive work to make this funding possible.

“$1 billion for expanded biofuels infrastructure across the nation is wonderful news not only for our biofuels industry and our partners in agriculture, but for our efforts to reduce greenhouse gas emissions and decarbonize the transportation sector. Filling up with higher blends of low-carbon, clean biofuels like plant-based ethanol reduces our dependence on fossil fuel and reduces greenhouse gas emissions by 46% compared to gasoline. This funding will ultimately make higher blends more accessible to all Americans.

“Over the course of this year as biofuels faced repeated setbacks, our champions in Congress have truly been tireless in their efforts to ensure success for rural America. We’re grateful to Rep. Axne, Sen. Klobuchar, Rep. Craig, Rep. Bustos and Sen. Stabenow for securing this funding in the budget reconciliation package and continuing to fight for our priorities in Congress.”

The $1 billion in funding would be available through the U.S. Department of Agriculture to provide grants over the next 8 years to expand biofuel pump infrastructure, upgrade existing tanks and pumps, and increase usage of higher blends of ethanol and biodiesel.


   

 

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