(NAFB) – Both President Biden and the U.S. auto industry say the nation is headed to a giant shift from liquid-fueled cars to electric vehicles.
However, biofuel producers, farmers, and their congressional supporters don’t agree. They say now is the right time to increase sales of ethanol and biodiesel, not set them aside.
Biden’s infrastructure proposal includes billions of dollars to pay for 500,000 electric vehicle charging stations, while General Motors set a goal of shifting its entire production to electric vehicles by 2035. But any shift to electric cars will be gradual, so ethanol and biodiesel producers say biofuels will be needed for the foreseeable future.
Biofuels producers, farmers not sold on switch to electric
Associated Press
DES MOINES, Iowa (AP) – The president and auto industry maintain the nation is on the cusp of a gigantic shift to electric vehicles and away from liquid-fueled cars, but biofuels producers and some of their supporters in Congress aren t buying it. They argue that now is the time to increase sales of ethanol and biodiesel, not abandon them.
To help address climate change, President Joe Biden has proposed an infrastructure plan that includes billions of dollars to pay for 500,000 electric vehicle charging stations, electrify public vehicles and enhance the nation s power grid. These moves follow initiatives in California and other states to mandate electric vehicle sales and a goal by General Motors to shift production fully to electric vehicles by 2035.
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In Washington, the Renewable Fuels Association says American ethanol shipments eased 38% in February after January’s volume set a record high for the month. Exports were 101.7 million gallons (mg), with half destined for just three countries. However, exports spiked to South Korea, up 120% (11.9 mg) to 21.8 mg. This is the largest volume imported in more than two years and was a sufficient boost to make South Korea our top market in February. Exports to Canada remained steady at 18.5 mg, while India’s imports dropped 76% (40.4 mg) to 12.8 mg. U.S. ethanol exports to other larger markets softened as well, including Brazil (7.8 mg, -55%), Nigeria (5.0 mg, -44%), Colombia (4.9 mg, -51%), the Philippines (4.9 mg, -64%), and China (4.7 mg, -79%).
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