Renewable Fuels Association President and CEO Geoff Cooper says several provisions within the new Inflation Reduction Act will benefit the U.S. ethanol industry and the communities it serves.
“Specifically for ethanol producers, the legislation includes provisions that provide funding for clean fuel production, higher biofuel blend infrastructure, enhanced opportunities for ethanol to play a greater role in sustainable aviation fuel, and carbon capture, utilization and storage,” said Cooper.
Cooper noted that RFA members pledged last summer to reach net-zero carbon emissions by 2050 or sooner, and that remains a priority for the organization.
“We’re committed to working with our Congressional champions on both sides of the aisle to ensure the final legislative package supports our members’ efforts to provide American families with lower-cost, lower-carbon fuels that are sourced in America’s heartland and bolster energy security,” Cooper said.