Iowa Renewable Fuels Association calls on Iowa lawmakers to increase investment in biofuels infrastructure Wednesday, January 27, 2021 10:38 AM Monte Shaw, the executive director of the Iowa Renewable Fuels Association, called on the Legislature to increase funding for the state’s biofuel industry, saying the industry just went through a “triple whammy of Renewable Fuel Standard exemptions, lost export markets and decreased demand because of the coronavirus pandemic.
Shaw’s comments came Tuesday during the 2021 Iowa Renewable Fuels Summit in Johnston, where he cited opportunities to expand biofuel demand across Iowa, the country and the world.
“The power of biofuels to propel the rural economy is so great that the people in this industry will simply never give up,” he said. “That, my friends, is the state of the Iowa biofuels industry in 2021: battered, but battling for a better future.”
Photo Credit: Ag News Wire Renewable fuels, in Iowa, have weathered multiple storms in 2020 and have their work cut out for them in 2021. During his state of the industry address Tuesday at the 2021 Iowa Renewable Fuels Summit, Iowa Renewable Fuels Association (IRFA) Executive Director Monte Shaw characterizes the Iowa biofuels industry as “battered, but battling for a better future” – emphasizing the many opportunities to expand biofuel demand in the state, across the country, and around the world, according to an IRFA press release. “Our industry just suffered through the triple whammy of RFS exemptions, lost export markets, and COVID demand destruction piled on top of each other,” Shaw said. “Yet, here we are. Which is what I love most about this industry,” Shaw says.