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Monday, November 4, 2024

Biofuels Summit Kicks Off in D.C.


WASHINGTON D.C.—Progress Power, the nation’s largest biofuel commerce affiliation, welcomed trade leaders from throughout the U.S. to Washington, D.C. this week for the 15th annual Progress Power Biofuels Summit (GEBS). The summit kicked off at the moment and can proceed via Thursday.  

GEBS is the premier advocacy occasion for advancing biofuels insurance policies and securing America’s vitality future. This 12 months, attendees will take part in additional than 100 conferences on Capitol Hill, giving lawmakers and rural champions the data and help they should drive change and progress within the bioeconomy. The occasion program additionally incorporates a lineup of influential visitor audio system, together with keynotes from U.S. Senator Tammy Duckworth (D-In poor health.) and U.S. Senator Pete Ricketts (R-Neb.) and different classes that includes authorities officers and vitality trade leaders: 

  • U.S. Secretary of Agriculture Tom Vilsack will present insights into the Administration’s imaginative and prescient for biofuels in its broader decarbonization technique. 
  • EPA Administrator Michael Regan and Progress Power CEO Emily Skor will have interaction in a dialog in regards to the successes and challenges going through the biofuel trade at the moment.  
  • Ernest Moniz, thirteenth U.S. Secretary of Power and CEO and founding father of Power Futures Initiative Basis (EFIF), will preview the newest analysis on thrilling alternatives to additional decarbonize bioethanol.  

“You aren’t simply representatives of an important sector,” stated Progress Power CEO Emily Skor in her welcoming remarks to the biofuels summit this morning. “You’re ambassadors for the long run that our nation deserves … As a result of what’s good for biofuels, producers, and the complete bioeconomy is nice for working households on a price range; good for vitality safety and independence; good for environmental stewardship and decarbonization; and good for financial improvement in communities that want it most.” 

In her keynote, Skor centered on coverage priorities that ship on values shared throughout the political spectrum. These embrace finalizing well timed and correct steerage for the 45Z tax credit score, setting Renewable Quantity Obligations (RVOs) that align with present market situations, and securing a everlasting, year-round resolution for E15 entry nationwide. 

On driving funding in America’s rural communities: 

“If growers and producers can rely on RFS necessities which might be well timed, formidable, and dependable, that financial stability ripples out into whole communities … RFS, SREs, carbon seize: These aren’t want listing gadgets to assist an trade. It’s a platform to safe and strengthen the agricultural financial system.” 

On giving American shoppers higher alternative and decrease costs: 

“Inflation and the price of dwelling are dominating kitchen-table conversations across the nation — and biomanufacturers ship aid straight to Individuals’ pocketbooks. Drivers throughout America deserve the liberty to maximise their financial savings on the pump. Meaning E15 entry ought to be everlasting, year-round, and nationwide. Interval.” 

On accelerating innovation in America’s bioeconomy: 

“We’re simply scratching the floor of the brand new bioeconomy. We aren’t competing over shortage. We’re unleashing abundance. We will’t let Twenty first-century innovation be held again by messy paperwork or particular pursuits pushing inaccurate science.” 

On securing American dominance in hard-to-electrify sectors: 

“Air journey. Marine and freight transportation. These markets want totally different options … Sustainable Aviation Gasoline (SAF) is essential to decarbonizing the skies. Each Republicans and Democrats perceive this. The US can select to steer or select to observe.” 

On unlocking overseas markets for American bioproducts: 

“It gained’t be sufficient to bolster our bioeconomy right here at house if we lack entry to international markets. America is house to essentially the most progressive biomanufacturers on the planet. We have to be proactively flattening boundaries and opening new alternatives for them to compete and win.” 

Skor’s full biofuels summit speech, as ready for supply, is on the market right here. 

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