“Instead, your plan focuses on subsidizing expensive electric vehicles to the tune of $174 billion. Your plan includes the installation of electric vehicle chargers, calls for the electrification of the federal vehicle fleet, and provides tax incentives and consumer rebates for the wealthy to purchase electric vehicles. Consumers who purchase Teslas which make up more than 70% of the electric car market have average incomes at more than $300,000.”
The lawmakers said they hope the administration will “come to the table” to include biofuels as a solution.
The letter also calls on the administration to complete “strong” renewable volume obligations in the Renewable Fuel Standard for 2021 and 2022. A recent press report suggests Biden’s EPA may leave RFS volumes at the current levels.
“You made a promise to Iowans that you would support biofuels, yet the American jobs plan falls well short for our state,” the letter said.
“Biofuels provide an immediate solution to help decarbonize our transportation sector while supporting rural America and providing a low-carbon, cost-effective choice to consumers. Biofuels should not be treated as a transition fuel but prioritized as a fuel of the future.”
Read the letter here: https://www.ernst.senate.gov/…
BIODIESEL CREDIT EXTENSION
Also on Tuesday, Grassley and Sen. Maria Cantwell, D-Wash., introduced a bill to extend the biodiesel tax credit through 2025.
“The biodiesel tax credit has proven to work by reducing our dependence on foreign oil and lowering greenhouse gas emissions,” Grassley said in a press statement.
“Many Iowans, farmers and processors alike, work hard to provide clean, renewable energy. The biodiesel industry employs more than 60,000 Americans, including thousands of Iowans.”
Joining Grassley and Cantwell as original cosponsors are Ernst, Sens. Amy Klobuchar, D-Minn.; Roger Marshall, R-Kan.; Jeanne Shaheen, D-N.H.; Deb Fischer, R-Neb.; Mike Rounds, R-S.D.; Patty Murray, D-Wash.; Tina Smith, D-Minn.; and Mazie Hirono, D-Hawaii.
Kurt Kovarik, National Biodiesel Board vice president of federal affairs, said the industry is in a position to grow.
“Biodiesel and renewable diesel production is poised for growth, ready today to meet the nation’s needs for clean fuel while creating jobs and economic opportunities for many Midwest states,” he said in a statement.
“These better, cleaner fuels support 13% of the value of every bushel of U.S. soybeans and about $17 billion in economic activity across the country.”
Also on Tuesday, Sens. Fischer and Tammy Duckworth, D-Ill., introduced the Renewable Fuel Standard Integrity Act of 2021. The measure addresses the timing and transparency issues associated with the small-refinery exemption program in the RFS. Companion legislation was introduced in the House earlier this year.
Todd Neeley can be reached at firstname.lastname@example.org
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