U.S. Senator Chuck Grassley today introduced bi-partisan legislation to reform the current Volumetric Ethanol Excise Tax Credit (VEETC) while still supporting the domestic ethanol industry. Introducing the bill, Grassley said the Domestic Energy Promotion Act of 2011 would reduce the VEETC for a two year period before transitioning to a tax credit that would adjust based on the price of …
ACE Teams with Fuel Ethanol Workshop
The American Coalition for Ethanol (ACE) has teamed up with BBI International to better serve the ethanol industry as part of the International Fuel Ethanol Workshop & Expo (FEW). In recent years, ACE paired its annual conference with a trade show. This year, to better serve ACE members, ACE will partner with BBI as a Supporting Organization for the FEW, …
Corn Ethanol Policy Forum Held in DC
There have been numerous Senates hearings recently discussing elements of the country’s energy plan. A recent forum on Corn Ethanol Policy took place in the 112th Congress. While the forum was not broadcast, expected to give the opening remarks were Representative Jeff Flake (R-AZ), Representative Joe Crowley (D-NY) and Representative Earl Blumenauer. Flake’s aniti-ethanol amendment was passed in the House …
I Can Hear The Boots On The Ground In DC
The “Biofuels Beltway March” is underway in Washington, D.C. and more than 60 grassroots members of the American Coalition for Ethanol (ACE) have their boots on the ground and are meeting with policy makers to set the record straight about ethanol. By the end of today, the ethanol advocates from 16 different states, will have engaged in 160 meetings with …
ACE Fly-In Participants Ready To Educate The Beltway
More than 50 American Coalition for Ethanol (ACE) members and ethanol supporters from 15 different states are descending on Washington D.C. tomorrow as part of ACE’s annual fly-in. This year, Executive Vice President, Brian Jennings, said that the group will be playing a bit of offense and a bit of defense when they meet with more than 100 Congressional offices. …
Grassley Hopes to Avoid Vote on Ethanol Tax Credit
Sen. Chuck Grassley (R-IA) is hoping to avoid a vote in the Senate on the amendment introduced last week by Sen. Tom Coburn (R-OK) that would repeal the Volumetric Ethanol Excise Tax Credit (VEETC). Grassley said today during his weekly agricultural media conference call that there are two ways the vote can be avoided. “Either talking him out of it, …
Sen. Thune to Address Ethanol Advocates at DC Fly-in
U.S. Senator John Thune (R-SD) will be speaking with ethanol advocates in Washington, DC on March 29 during the American Ethanol Coalition’s (ACE) “Biofuels Beltway March.” Thune was recently appointed to the U.S. Senate Finance Committee which has jurisdiction over ethanol tax credit issues. ACE members from around the country are meeting in DC March 29-30 to visit Members of …
Sen. Harkin Introduces “Biofuels Market Expansion Act”
U.S. Senator Tom Harkin (D-IA) introduced a new piece of legislation today, called the “Biofuels Market Expansion Act of 2011.” The bill, if passed, would ensure an increasing number of automobiles in the U.S. be flexible fuel vehicles (FFVs), expands the number of blender pumps and make renewable fuel pipelines eligible for the federal loan guarantee pipeline program. The bill …
Ethanol Industry Pleased with EPA Decision
Ethanol industry groups are pleased that the Environmental Protection Agency has decided that blends of 15% ethanol are safe for use in all cars and pickups built in 2001 and later. Growth Energy filed the original waiver back in 2009 to raise the regulatory cap on the ethanol blend from 10 percent to 15 percent to create more jobs and …
ACE Calls on White House, EPA to Address Ethanol Regulations
On behalf of its members, the American Coalition for Ethanol (ACE) submitted a letter to President Obama today in regards to his recent signing of the Executive Order “Improving Regulation and Regulatory Review.” This document instructs federal government agencies to develop plans to ensure that our regulatory systems protect the public’s health, welfare, safety, and environment while at the same …