As legislation to extend the tariff on ethanol imports was being introduced in Congress, Florida Governor Jeb Bush was advocating an increase in ethanol imports by dropping tariffs on ethanol from Brazil. According to the South Florida Business Journal, Bush laid out a plan Monday that saw the nation’s usage of ethanol increase to 15 billion gallons by 2015 annually during a meeting of the Florida FTAA at the Biltmore Hotel in Coral Gables. In attendance was Brazilian Minister of Agriculture Roberto Rodrigues.
A bill was recently introduced in the House to extend the 54-cent-a-gallon ethanol import tariff to the end of 2010. Iowa Democrat Leonard Boswell introduced the bill to extend the tariff beyond its current expiration, which is to take place on October 1 of next year.