Sen. Chuck Grassley (R-Iowa) today joined bipartisan legislation led by his colleagues Sens. Joni Ernst (R-Iowa) and Amy Klobuchar (D-Minn.) to expand renewable fuel infrastructure. The Renewable Fuel Infrastructure Investment and Market Expansion Act of 2021 would direct the U.S. Department of Agriculture (USDA) to establish a grant program to support the deployment of renewable fuel infrastructure.
The bill would also require EPA to finalize their proposed rule that would remove certain barriers to expanded sales of E15, including E15 fuel dispenser labeling and compatibility with underground storage tanks, no later than 90 days after the legislation is enacted.
“As we look ahead to address infrastructure, I want to ensure Iowa’s farmers and producers aren’t left out of the discussion. That’s why I’m proud to cosponsor this legislation with my colleagues from the Midwest who know a thing or two about the importance of energy independence,” Grassley said. “I look forward to working with my colleagues to address gaps in infrastructure in the coming weeks. And I’ll continue advocating for the renewable fuels industry as they fuel the world and create jobs in communities across the country.”
The Renewable Fuel Infrastructure Investment and Market Expansion Act of 2021 would authorize the USDA Renewable Fuel Infrastructure Grant Program to help accelerate the deployment of renewable fuel infrastructure. Under the program, eligible entities may use the funds to:
· Distribute to private or public entities for costs related to incentivizing deployment of renewable fuel infrastructure
· Convert existing pump infrastructure to deliver ethanol blends greater than 10 percent and biodiesel blends greater than 20 percent
· Install fuel pumps and related infrastructure dedicated to the distribution of higher ethanol blends, including E15 and E85 and higher biodiesel blends up to B100 at fueling locations.
Original source can be found here.
