Today, Clean Fuels Alliance America thanked Sen. Joni Ernst (R-IA) and Sen. Amy Klobuchar (D-MN) for introducing new legislation – the Home Front Energy Independence Act – that would help biodiesel and renewable diesel continue growing, meeting consumer needs, and improving U.S. energy security. The bill would pair a ban on U.S. imports of Russian petroleum products with support for U.S. biofuel production to maintain fuel supplies and address prices. The legislation combines elements of the senators’ previous bills that Clean Fuels supports, including a biodiesel infrastructure program and extension of the biodiesel tax incentive.
“Clean Fuels and its members applaud the strong, bipartisan action that Senators Ernst, Klobuchar and others are proposing to boost America’s energy independence,” Kurt Kovarik, Clean Fuels’ Vice President of Federal Affairs, states. “The more than 65,000 U.S. workers in the biodiesel and renewable diesel industry are helping to meet the nation’s need for cleaner, better transportation fuels.
“We appreciate the Senators’ continued support for a new program to match investments in biodiesel infrastructure and improve consumer access to clean fuels. Over the past decade, the contribution that biodiesel and renewable diesel have made to America‘s fuel supply has kept fuel prices down by an average of 31 cents per gallon. The health benefits and environmental benefits that biodiesel provides Americans exceed two dollars a gallon, according to a recent study sponsored by Clean Fuels.”
The U.S. biodiesel and renewable diesel industry supports 65,000 U.S. jobs and more than $17 billion in economic activity each year. Every 100 million gallons of production supports 3,200 jobs and $780 million in economic opportunity. Biodiesel production supports approximately 13 percent of the value of each U.S. bushel of soybeans.
|ABOUT CLEAN FUELS ALLIANCE AMERICA|
Made from an increasingly diverse mix of resources such as recycled cooking oil, soybean oil, and animal fats, the clean fuels industry is a proven, integral part of America’s clean energy future. Clean Fuels Alliance America is the U.S. trade association representing the entire biodiesel, renewable diesel and sustainable aviation fuel supply chain, including producers, feedstock suppliers and fuel distributors. Clean Fuels receives funding from a broad mix of private companies and associations, including the United Soybean Board and state checkoff organizations.