The baffling ethanol battle in Iowa
But the Iowa legislature is caught between the economic engine of renewable energy and the convenience stores that also dot the state’s landscape – Casey’s, Kum & Go. With thousands of stores apiece, state lawmakers are likely more likely to have a convenience store in their neighborhood than an ethanol plant.
This criticism of the renewable standard is “whether a renewable standard would result in higher or lower costs for consumers,” the Des Moines registry article noted. Yet E15 currently costs between 5 cents and 10 cents less at major fuel retailers. The price differential is often even more advantageous in local cooperatives.
A group called the “Fuel Choice Coalition” argues that retailers should spend more on pumps – up to $ 500,000 apiece. Anyone who travels around Iowa also knows that retailers are constantly expanding and improving their stores and pumps. Glenwood, Iowa, where I live, only had a few E15 pumps and no E85 pumps, until Casey’s built a new store three years ago. Suddenly, consumers who want to support renewable fuels have had a choice.
There are also complaints that the 11% biodiesel requirement will cause truckers to bypass Iowa for fuel. This complaint did not stop Minnesota from moving forward.
Retailers, however, say a high percentage of their stores are not equipped for E15. Essentially, this underscores that retailers in Iowa have yet to embrace the value renewable fuels bring to the Iowa economy. Why haven’t retailers so far made progress with the biofuels industry over the past two decades? Apparently they need an incentive or a mandate to push their efforts?
Former President Donald Trump put a marker on biofuels when he arrived in Iowa in the summer of 2019 and signed the waiver that allowed E15 sales year-round. This political decision by President Trump and his team was aimed at creating a spark for greater use of ethanol. Now, other policymakers, such as state lawmakers, are being urged to help build the support the Trump administration has put in motion.
Iowa’s elected officials and the renewable fuels industry have turned to President Joe Biden to ask him to ensure that there is a place in his long-term climate policies for liquid fuels that reduce fuel consumption. ‘carbon footprint. The biofuels industry built over the past two decades in the Midwest is now fighting for some environmental appreciation against an expansion strategy for electric vehicles. Ethanol and biodiesel have great potential to continue to reduce greenhouse gas emissions and even boost fuel economy as policies shift to high octane fuels. The biofuels market could continue to grow even if sales of electric vehicles increase.
Ethanol and biodiesel may continue to provide a climate change opportunity, but that effort could be curtailed if the country’s premier production decision-makers do not want to take action to boost both use and production. production.
https: //www.desmoinesregister.com / …
Chris Clayton can be reached at [email protected]
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