Senate introduces Next Generation Fuels Act
Bipartisan bill encourages use of higher ethanol blends and pushes automakers to improve vehicle efficiency.
Jacqui Fatka, Feedstuffs
Aug 02, 2022
The Senate introduced its own version of the bipartisan Next Generation Fuels Act first introduced in the House over a year ago, a proposal that aims to leverage higher-octane fuels to improve engine efficiency and performance. This legislation, once enacted, would increase ethanol demand by over 5 billion gallons per year, which would utilize 1.7 billion bushels of additional corn.
Biofuel supporters Senator Charles Grassley, R-Iowa, with the support of Sens. Amy Klobuchar, D-Minn., Joni Ernst, R-Iowa, and Tammy Duckworth, D-Ill., introduced the Next Generation Fuels Act in the U.S. Senate. Similar legislation has been introduced in the U.S. House of Representatives by Rep. Cheri Bustos, D-Ill.
This bill would also lead to a reduction of 111.1 million metric tons of greenhouse gas emissions annually, which is the equivalent of removing 23.7 million cars from the road every year. Additionally, this bill provides automakers with more options to meet increasingly stringent fuel economy and greenhouse gas emission standards by utilizing ethanol blends up to 30% in vehicles designed and warranted for these fuels.
“Unstable gas prices have left many families – especially rural families – with a lot of budget uncertainty. The Next Generation Fuels Act would gradually ramp up the use of homegrown ethanol at gas stations across the country, making Americans less reliant on foreign oil and less vulnerable to the anti-competitive tactics of OPEC. As we look to the future of liquid fuels, this legislation can play a critical role in restoring energy independence, saving consumers money, lowering carbon emissions and expanding the market for farmers and ethanol producers,” Grassley says...