WASHINGTON, D.C.—Progress Power, the nation’s largest biofuels commerce affiliation, printed its 2024 federal coverage priorities at present. Organized into three classes, the agenda presents a roadmap towards a extra vibrant, sustainable future characterised by decrease gasoline prices, decrease greenhouse fuel (GHG) emissions, larger vitality independence, and stronger rural communities.
“These are the coverage selections that may form the subsequent period of development in plant-based vitality and local weather options,” mentioned Progress Power CEO Emily Skor. “We hope these priorities function roadmap for elected officers in search of to assist biomanufacturing services on the coronary heart of America’s bioeconomy.”
“Progress Power, its members, and its champions on Capitol Hill know that the total potential of America’s bioethanol sector has but to be totally realized,” she added. “With the suitable insurance policies in place, our business will proceed to satisfy America’s vitality wants, financial calls for, and carbon discount targets — all on the similar time.”
Progress Power’s 2024 federal coverage priorities deal with:
Making certain drivers can use extra lower-carbon, lower-cost bioethanol on the pump at dwelling and overseas.
- Restore everlasting, unrestricted entry to E15 year-round nationwide.
- Work with the U.S. Division of Agriculture to swiftly implement and distribute the $500 million for biofuels infrastructure included the Inflation Discount Act (IRA).
- Instantly have interaction the U.S. authorities to stage the taking part in discipline and optimize U.S. bioethanol market entry by addressing tariffs in key export markets together with Brazil, China, Indonesia, and Vietnam.
- Proceed profitable international market growth in Canada, Japan, and Mexico, and elsewhere.
Utilizing bioethanol to expeditiously advance our nationwide transportation carbon discount targets.
- Make sure the U.S. Division of Power (DOE) incorporates the most effective science and makes restricted adjustments to Argonne Nationwide Laboratory’s Greenhouse Gases, Regulated Emissions, and Power Use in Expertise (GREET) mannequin because it pertains to the 40B Sustainable Aviation Gasoline tax credit score.
- Guarantee DOE finalizes its adjustments to the 40B GREET mannequin on or earlier than March 1, 2024.
- Make sure the U.S. Division of Treasury releases 45Z tax credit score steering by October 1, 2024, and contains granular calculations for carbon decreasing applied sciences on the biorefinery and on-farm climate-smart ag practices.
- Guarantee biogenic carbon from biorefineries used for meals and beverage purposes qualifies as utilization underneath the 45Q tax credit score.
- Work with Congress to go the Undertake GREET Act, laws that requires the Environmental Safety Company (EPA) to make use of the GREET mannequin to evaluate the carbon emissions of biofuels.
- Prolong pro-growth tax incentives for low-carbon biofuels.
- Present new alternatives for bioethanol to decarbonize heavy-duty and marine transportation, and for use as a renewable element for chemical substances and renewable supplies.
- Institute a nationwide minimal octane customary and go the Subsequent Era Fuels Act.
- Guarantee bioethanol has a job in serving to meet emissions targets in light-duty automobile gasoline effectivity rulemaking.
Optimizing the Renewable Gasoline Customary (RFS) to maximise carbon discount potential.
- Forestall any extra erosion of the RFS by means of unwarranted and unlawful small refinery exemptions (SREs).
- Maintain intact the biofuel mixing volumes finalized in within the RFS Set rulemaking.
- Take away the statutory prohibition that leads to corn starch bioethanol being the one biofuel ineligible to qualify as a complicated biofuel underneath the RFS.
- Work with the EPA to certify eligibility for corn starch alcohol-to-jet gasoline to be a complicated biofuel and approve an RFS pathway for corn starch alcohol-to-jet gasoline.
- Guarantee carbon seize and sequestration in bioethanol manufacturing is acknowledged as a carbon-reducing expertise underneath the RFS.
- Name on EPA to replace its greenhouse fuel (GHG) lifecycle evaluation (LCA) to mirror the most effective accessible science on the local weather profile of biofuels like bioethanol from corn starch, akin to that discovered within the newest model of Argonne Nationwide Laboratory’s GREET mannequin.
- Encourage EPA to approve pending registrations for cellulosic biofuel from kernel fiber.
For extra info on Progress Power’s 2024 federal coverage priorities, go to growthenergy.org/coverage.
