(Iowa Biodiesel Board) Governor Kim Reynolds has introduced a bill to set a minimum standard of biofuels in the Iowa fuel supply. For biodiesel, this would mean most Iowa diesel would contain at least 11 percent (B11) during warmer months beginning in April of 2022, and B20 during warmer months in 2024 and later. The Iowa Soybean Association and Iowa Biodiesel Board strongly support the legislation (HSB 185) and applauded the governor for her continued leadership.
Grant Kimberley, Iowa Biodiesel Board executive director, issued the following statement:
“We fully embrace the governor’s call to set Iowa on the path towards using more biodiesel, and at higher blend levels. Setting a standard for widespread use of higher blends of biodiesel in Iowa would be positive for Iowa’s economy, environment and rural communities – and would improve the quality of the fuel supply overall. We see a seismic shift in the nation’s energy supply already in motion, and the approach to en
Reynolds moves to establish Iowa biofuels standard and increase availability kiwaradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kiwaradio.com Daily Mail and Mail on Sunday newspapers.
A study released this week shows Iowa biofuels continue to have a significant positive impact on Iowa’s economy, but recent market challenges reduced the job and household income impacts of ethanol and biodiesel production in the state. The study was commissioned by the Iowa Renewable Fuels Association (IRFA) and conducted by John Urbanchuk of ABF Economics. The outcome showed ethanol and biodiesel production accounts for nearly $4 billion of the states’ Gross Domestic Product (GDP). It also supports an estimated 37,000 direct and indirect jobs and boosts Iowa household income by $1.8 million. All three of these metrics, however, are down 20 to 25 percent compared to 2019. “Biofuels still provide a major boost to Iowa’s economy, but quite frankly, the report is a wake-up call to redouble our efforts at the state level,” says IRFA Executive Director, Monte Shaw. “Midwestern states like Iowa must be aggressive to drive local demand for biofuels in a meaningful way, thereby