Gov. Branstad prioritizes need for renewable fuels infrastructure funding in Proposed FY2018 Budget
January 10, 2017
Contact: Cassidy Riley
515-252-6249
JOHNSTON, IOWA – Today Iowa Governor Terry Branstad delivered the Condition of the State address and released his proposed budget for FY2018. In response, Iowa Renewable Fuels Association (IRFA) Executive Director Monte Shaw made the following statement:
“Today Governor Branstad followed up on the recommendation of the recently released Iowa Energy Plan by prioritizing funding for the Renewable Fuels Infrastructure Program (RFIP). This cost-share program has leveraged millions of dollars of private investment for equipment to provide consumers the option of higher ethanol and biodiesel blends. The demand for this program remains strong and the $3 million in proposed funding is dearly needed. RFIP will not only give consumers more options at the pump, but will also drive demand for Iowa’s home-grown renewable fuels and ag commodities. Boosting Iowa’s rural economy is vital to boosting Iowa’s overall economy.”
The Iowa Renewable Fuels Association represents the state’s liquid renewable fuels industry and works to foster its growth. Iowa is the nation’s leader in renewable fuels production with 43 ethanol refineries capable of producing 4 billion gallons annually – including nearly 55 million gallons of annual cellulosic ethanol production capacity – and 12 biodiesel facilities with the capacity to produce over 350 million gallons annually. For more information, visit the Iowa Renewable Fuels Association website at: www.IowaRFA.org
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