Bipartisan bill seeks to give $500M boost to biofuel uptake

April 29, 2020 |

In Washington, Congresswoman Abby Finkenauer (IA-01) announced the introduction of the Clean Fuels Deployment Act of 2020. The bipartisan legislation, co-sponsored by Reps. Angie Craig (D-MN), Don Bacon (R-NE), and Roger Marshall (R-KS), would provide funding for installing and converting fuel pump infrastructure to deliver higher blends of ethanol and biodiesel.

The bill authorizes $500 million over five years to help retailers offer higher ethanol blends, expand the geographic area selling ethanol blends, support biodiesel, bioheat, and sustainable aviation fuel markets, and accelerate the deployment of fueling infrastructure. Given recent uncertainties in the renewable fuels industry, it is more important than ever to fund infrastructure improvements and remove market barriers to accessing clean and renewable fuels.

In addition to supporting the distribution of higher ethanol and biodiesel blends at fueling stations, the program could also be used to enhance pipelines and terminals to blend and carry ethanol and biodiesel. Funding from the clean fuels grant program could be used to incentivize the deployment of ethanol and biodiesel fueling infrastructure and convert existing infrastructure to deliver ethanol blends greater than 10 percent and biodiesel blends greater than 20 percent.

Category: Policy

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