WASHINGTON, D.C.—Progress Vitality, the nation’s largest biofuel commerce affiliation, launched a roadmap to revitalize rural America immediately, figuring out particular coverage targets and actions the 119th Congress and the incoming Trump administration ought to take to unleash American vitality dominance by means of the expanded use of homegrown American ethanol, which holds down fuel costs, strengthens our home vitality manufacturing, brings jobs and prosperity to rural America, and delivers cleaner air.
“President-elect Trump has made it clear that revitalizing rural America will probably be a precedence for his administration, and biofuels are key to carrying out that purpose,” stated Progress Vitality CEO Emily Skor. “From securing year-round E15 for all Individuals and spurring new investments in aviation gas to driving innovation and unleashing American vitality dominance within the world market, these coverage suggestions align with President-elect Trump’s agenda, and we stay up for working along with his administration and with our champions in Congress to carry jobs and prosperity to rural America.”
The four-part roadmap is under.
Rebuild the Farm Economic system
Solely biofuels can unlock the investments and jobs wanted to revitalize rural America. We can not permit regulatory uncertainty to carry again billions of {dollars} of funding into rural communities.
- Renewable Gas Commonplace (RFS): Set well timed, formidable biofuel necessities underneath the RFS to spur continued development and funding in rural communities.
- Small Refinery Exemptions (SREs): Proceed to restrict SREs and guarantee SREs are reallocated to forestall biofuel demand destruction.
- Carbon Seize, Utilization, and Storage (CCUS)/Allowing: Meet allowing timelines for carbon sequestration initiatives and assist modern transportation and storage know-how.
- New Markets: Promote funding in a fast-growing ecosystem of bioproducts, from Sustainable Aviation Fuels (SAF) to inexperienced chemical substances to bio-based options for marine and freight transport.
Decrease Gas Prices
E15 reduces gas costs — however solely when federal laws don’t block client entry. It’s time to raise the useless laws standing between U.S. customers and lower-cost E15, so all Individuals could make their very own gas and automobile selections.
- E15: Restore everlasting, unrestricted entry to E15 for all months, all states, all stations, and all gas dispensers.
- Retail Enlargement: Promote applications designed to quick monitor the investments wanted to supply higher choices on the pump.
- Advertising and marketing Boundaries: Streamline laws that impose onerous labeling and underground tank necessities on present infrastructure.
- Automobile/Gas Requirements: Guarantee engine efficiency and gas requirements harness the total energy of American bioethanol to scale back tailpipe and carbon emissions.
Drive American Innovation
Professional-growth tax coverage can unlock billions of {dollars} in new investments in U.S. vitality innovation. With correct implementation, new tax credit might be the beginning pistol to revitalize rural American, assist rural communities ready to entry new financial alternatives, and ship on the promise of climate-smart agriculture.
- Low-Carbon Options: The U.S. Treasury Division should present clear and well timed tax steerage that precisely rewards all obtainable decarbonizing methods at on the farm and on the biorefinery.
- Modeling: Guarantee gas requirements and tax coverage are guided by Argonne Nationwide Laboratory’s GREET mannequin, which is the gold customary for measuring the emissions-reducing energy of farm-based feedstocks and biofuels.
- SAF/Flexibility: Guarantee laws give farmers the pliability they should undertake low-carbon methods that work finest for his or her farm.
- Clear Fuels Tax Extension: Prolong a pro-growth 45Z so biofuel producers and our farm companions have the long-term certainty wanted to speed up innovation in America’s bioeconomy.
Win World Markets
America is the world’s largest producer and exporter of biofuels. With honest entry to overseas markets, American producers will dominate the worldwide bioeconomy.
- Truthful Commerce: U.S. commerce diplomats should fight unfair commerce boundaries and tariffs imposed by rivals in Brazil, China, India, Europe, and Southeast Asia.
- Increasing Markets: Open new export alternatives for low-carbon biofuels by supporting increased blends in Canada, Japan, India, Mexico, and throughout the globe.
- Home Feedstocks: Advance gas insurance policies that don’t benefit overseas feedstocks over low-carbon commodities harvested on American farms.
The roadmap to revitalize rural America is obtainable on-line at growthenergy.org/roadmap. Be taught extra about Progress Vitality’s coverage priorities right here.
