Hearing Scheduled to Combat Ethanol Reduction Proposal
Supporters of ethanol production will speak at a daylong hearing in Des Moines prompted by a proposed reduction in the amount of ethanol that must be blended with gasoline. Governor Terry Branstad organized the hearing, which will begin this morning. Speakers include Branstad, U.S. Reps. Steve King and Tom Latham, and industry representatives from several Midwestern states. Last week, legislators in the Iowa House and state Senate approved resolutions supporting the existing fuel standards. They are reacting to a recent EPA proposal to reduce the amount of ethanol that must be blended with gasoline in 2014. Iowa is the nation's leading producer of ethanol. Iowa leaders claim the EPA's proposal would devastate Iowa's economy.