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Biofuels Industry Preps For Battle Over Shift To Electric Vehicles

Iowa Renewable Fuels Association executive director Monte Shaw is calling on the Biden Administration to reverse the ethanol waivers the Trump Administration granted the oil industry.

Shaw delivered the opening speech at Tuesday’s virtual Renewable Fuels Summit and began by focusing on the Trump Administration’s decision to ignore court orders and grant waivers. Shaw also warns of the looming fight over accelerated production of electric vehicles as well as arguments about ethanol’s role in reducing carbon emissions.

Shaw says policymakers must consider whether normal working people can actually afford electric vehicles,  or if they’re even best option to reduce carbon.

 

 

Shaw is asking the IOWA legislature to increase state grant money for retailers that install pumps for higher blends of ethanol. According to the Iowa Corn Growers Association, 57 percent of the corn harvested in Iowa is used to produce ethanol.

The comments from Monte Shaw are courtesy of Radio Iowa.

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