Axne Touts Biofuel Incentives: Congressman Cindy Axne Touted Tuesday How Agriculture Can Benefit in the Latest Federal Bill Proposed by Democrats Set to Be Debated Next Week.

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November 10, 2021

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by Jennifer Nichols (Atlantic News Telegraph) … (Congressman Cindy) Axne, along with USDA’s Under Secretary of Agriculture for Rural Development Xochitl Torres Small visited Elite Octane Tuesday morning, and said the bill includes $2 billion for the Rural Energy for America Program (REAP) to provide grants to farmers and small businesses for energy efficiency upgrades on their operations, $1 billion to expand use of biofuels nationwide, a four-year extension of the biodiesel tax credit, and tax credits to expand access to new markets for Iowa biofuels like sustainable aviation fuel.

She said these will help support rural communities and small businesses, especially when it comes to reducing carbon emissions.

…

“I’ve said this before, and I’ll say it again, our biofuel sector is really the cutting edge when it comes to reducing our carbon footprint,” she said.”Not only do our products keep millions of pounds of carbon out of our air, they are also using innovations so they can reuse the energy. We have the resources in this country to supply the energy that we need and we’ve got them right here in Iowa.” READ MORE

Elite Octane Ethanol Plant Receives USDA Grant (Energy.AgWired.com)

Iowa ethanol plant receives $250,000 grant; Axne, Torres Small announce Build Back Better proposals for biofuel investment (Business Record)

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